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Lot 10

Vacant 3 Bed Flat
(Under £1,000 per sq.ft)
On behalf of Executors

Situation

Located at the corner of Queen's Terrace and Finchley Road, only 100 yards from St John's Wood Underground Station (Jubilee Line), a few minutes' walk from both Lord's Cricket Ground and St John's Wood High Street with its popular shops, cafés and restaurants and just ½ mile from Regent's Park.

Property

A Self-Contained 3 Bed Flat located on the first floor of this prestigious six-storey modern block constructed in the late 1980's, with entry-phone and an electric hot-air heating system.
The block has a wide entrance foyer, daytime concierge and
2 × 8 person passenger lift.
In addition, the flat includes 1 car space in the underground car park.

ACCOMMODATION (measurements to maximum points)

First Floor Flat
Bedroom 1 17'1” × 10'3”
plus en-suite Bathroom/WC
Bedroom 2 13'8” × 8'8”
Bedroom 3 13'2” × 7'1”
Reception/Dining Room 24'4” × 19'2”
Kitchen 14'7” × 7'8”
Family Shower Room/WC
Separate WC
GIA Approx. 1,266 sq ft
Plus 1 car space in the underground car park.

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 999 years from 1st January 1990 at a fixed ground rent of £300 p.a. (not demanded).

Offered with VACANT POSSESSION

Note 1:
Flat 15 Balmoral Court (GIA 1,318 sq ft) situated on the 3rd floor sold for £2,200,000 in November 2019 (£1,669 psf) (Source: Land Registry).
Flat 9 Balmoral Court situated on the 2nd floor sold for £1,820,200 in January 2021 (Source: Land Registry).

Note 2: There is a 6 Week Completion.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Flat 7 Balmoral Court, 20 Queen’s Terrace, St John’s Wood, London NW8 6DW