Lot 23
Reversionary Freehold Ground Rent Investment + Vacant Basement
Situation
Located in this popular residential area close to the junction with Middle Lane, just a short walk from the retail facilities located on Crouch End Hill and the open spaces of Priory Park.
The property is located approx. 1 mile from Turnpike Lane Underground Station (Piccadilly Line).
Crouch End is an attractive sought after residential area located approx. 6 miles from central London.
Property
A mid-terraced Period building comprising 2 Self-Contained Flats on ground, first & second floors both being held on long leases as well as a vacant Self-Contained Basement with its own exterior front door.
VAT is NOT applicable to this Lot
FREEHOLD
Note 1: In accordance with s.5B of the Landlord & Tenant Act 1987, notices have been served on the lessees and they have not reserved their rights of first refusal. This lot cannot be sold prior to the Auction.
Note 2: The Freeholder insures. Current sum insured is £724,710. Current premium is £1,311 p.a. plus IPT.
Note 3: The ground floor flat with vacant possession is also being offered for sale in this auction as Lot 14.
Note 4: There is a 6 Week Completion.