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Lot 4 Click here for addendum

Freehold Vacant Bungalow & Detached Rear Building + Planning for 5 Flats
By order of Receivers
6 Week Completion

Situation

Located within this popular residential area, close to the junction with Ordnance Road, and approx. 1 mile from the multiple shopping facilities on Hertford Road.
Enfield is a popular suburb approx. 13 miles north of central London and enjoying easy access to the M25 (Junction 25).

Property

Site Width 49'0''
Site Depth 95'0''
Site Area Approx. 4,633 sq ft

Comprising a Detached Bungalow on a rectangular site with side drive in access through double gates to a rear Double Garage and adjoining 2 Storey Building with external wrought iron spiral staircase.

Accommodation

Ground Floor Bungalow
Front Room 1 12'2'' x 10'10''
Front Room 2 12'1'' x 16'7''
Rear Room 12'1'' x 14'0'' with French doors to timber patio
Side Room 12'2'' x 9'2''
Kitchen 10'1'' x 9'1''
Bathroom/WC 7'0'' x 7'5'' with bath and shower cubicle
External WC
(GIA Approx. 876 sq ft)

Detached Rear Building
Double Garage 14'5'' x 19'8''
Right Ground 15'9'' x 30'8''
Right First Floor 16'7'' x 30'10''
(GIA Approx. 1,276 sq ft)

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: The rear building is suitable for a variety of uses such as Garaging, Granny Flat, Office, Workshop, Playroom etc., subject to obtaining the necessary consents.

PLANNING
Planning permission was granted on 2nd November 2021 for the redevelopment of the site involving demolition of existing buildings and the construction of a part 2, part 3 storey block of 5 flats (four 2 Bed Flats, one 3 Bed flat, totalling GIA 3,783 sq ft).

Click here to view the Planning Documents

VIRTUAL TOUR
Click here to view the virtual tour of the property

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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.

10 Malvern Road, Enfield, Middlesex EN3 6DA