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Lot 16 Click here for addendum

Vacant 2 Bed Flat with Rear Garden
By order of Power of Attorney
6 Week Completion

Situation

Located close to the junction with Fox Lane in this highly sought-after and affluent residential area, within walking distance of Grovelands Park and conveniently located between the shopping facilities of Palmers Green and Southgate, approximately 7½ miles north of Central London.

Property

Forming part of an attractive Edwardian Semi-Detached House comprising a Self-Contained 2 Bed Flat on the first floor with Gas Central Heating (not tested).
In addition, the property includes the rear section of Garden.
The demise in the lease is ‘the first floor and all parts of the said building above the ground floor'. Hence, there is potential to create additional accommodation in the roof space, subject to obtaining the necessary consents.

ACCOMMODATION (measurements to maximum points)

First Floor Flat
Bedroom 1 12'10" × 10'1"
Bedroom 2 8'1" × 7'11"
Reception Room 17'2" × 12'4"
Kitchen 10'4" × 10'0"
Bathroom 7'1" × 5'4"
Sep. WC

GIA Approx. 686 sq ft plus Roof Space and the rear section of Garden.

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 85 years from 25th December 1965 at a fixed ground rent of £18.90 p.a. (thus having approx. 27¾ 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.

Enquire about this lot:

JOINT AUCTIONEER:
Williamson Dace Brown
Tel: 020 8886 4407 Ref: Katherine Dace
k.dace@wdbproperty.co.uk

*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.

10a Amberley Road, Palmers Green, London N13 4BJ