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Lot 14

Vacant 1 Bed Flat
6 Week Completion

Situation

Located by the junction with Richmond Road in this sought after North London suburb approx. 1 mile from Barnet town centre and being very close to Greenhill Park.
New Barnet lies approximately 10 miles north of central London, benefiting from excellent road access to the M25 (Junction 23) and the A1(M) (Junction 1). The property is located 1/2 a mile from New Barnet Station (Overground) and less than a mile from High Barnet Underground Station (Northern Line).

Property

Forming part of a converted Edwardian detached house comprising an unmodernised Self Contained 1 Bed Flat on the ground floor which benefits from gas central heating. In addition, the Flat includes a large private Front Garden and off street Parking for up to 2 cars.

Accommodation

Ground Floor Flat
Bedroom   11'10" × 12'10"
Living Room   12'10" × 16'0"
Kitchen   12'6" × 7'1"
Bathroom/WC   10'0" × 5'7"

GIA Approx. 584 sq ft

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 99 years from 25th March 1990 at a ground rent of £50 p.a. (Thus having 66¼ years unexpired - see Note).

Offered with Vacant Possession

Note: At the request of the Purchaser and prior to completion, the Vendor will serve a Section 42 Notice to extend the lease and assign this benefit to the Purchaser. This would be for an additional 90 year lease and extinguishment of the ground rent.

VIRTUAL TOUR
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*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 1, 22 Gloucester Road, New Barnet, Hertfordshire EN5 1RZ