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Lot 4 Click here for addendum

Vacant 3 Bed Flat (Flat 4) with Planning for Roof Extension + Freehold of Flats 1-4
6 week completion

Situation

Located within this popular suburb a few yards from Holders Hill Circus with nearby local shopping facilities including a Post Office, BP/M&S Simply Food and Waitrose and the Dollis Valley Greenwalk is just a few hundred yards away.
In addition, the area is well served by bus routes and is within ⅓ mile of Mill Hill East Underground Station (Northern Line) and less than 1 mile from Finchley Central Underground Station (Northern Line).
Mill Hill is a sought after residential area which lies approx. 8 miles north of central London.

Property

A detached building comprising 4 Self-Contained Flats (1 with vacant possession - Flat 4) each with a private street entrance planned on ground and first floors. In addition, each flat includes a section of Rear Garden.

VIRTUAL TOUR

Click here to view the virtual tour of Flat 4.

VAT is NOT applicable to this Lot

FREEHOLD

Planning

On 17th May 2021, Planning Permission was granted by the London Borough of Barnet for a ‘Roof extension involving rear and side dormer windows and a new garden shed.'
The Planning will enable the creation of an additional Bedroom and Bathroom/WC in the Loft above Flat 4. Some construction work on the shed in the rear garden has commenced.
Click here to view the Planning Documents.

On 4th March 2019, Planning Permission was refused by the London Borough of Barnet for ‘Enlargement and alterations to existing Flat 4 including creation of an additional storey at second floor level'.
This scheme would increase the size of Flat 4 by enabling the creation of an entire second floor above Flats 2 and 4 comprising 4 Bedrooms (with 2 ensuites), a Bathroom/WC and a Utility/Storage Room. This scheme may require possession of the Loft space above Flat 2.
Click here to view the Planning Documents.

Note 1: In accordance with s.5B of the Landlord and Tenant Act 1987, Notices have been served on the lessees and they have not reserved their rights of first refusal.

Note 2: The Vendor's 999 year Leasehold interest of Flat 4 will be included with the sale of the Freehold - refer to the Special Conditions of Sale in the legal pack.

*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 £1,000 plus 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.

1–4 Millwind Court, Dollis Road, Mill Hill, London NW7 1LA