Next Auction:
12/12/2024
Lot 1
Lot 1
The property is a mid terraced dwelling situated in a popular road off the A504 Church Road, within walking distance of the shops and bus routes on Brent Street. Good road links are easily accessible including the A406 North Circular Road, the A1 and The M1 Motorway that also connects to the M25 London Orbital Motorway. The dwelling has been converted into a pair of self contained flats that we understand consist of two bedroom accommodation. We understand that the ground floor is held on a lease of approximately 73 years unexpired at a ground rent of £100 per annum that increases in September 2029 to £150 and then to £200. We understand that the first floor is held on a lease of approximately 139 years unexpired with a Peppercorn Ground Rent. The propety is sold on this basis and we understand that the lessees have not exercised their right to purchase.
Ground floor flat
Held on a lease of 123 years from 29th September 1973 with ground rent of £100 rising to £150 then to £200.
First Floor Flat
Held on a lease of 189 years from 21st January 1974 with Peppercorn Ground Rent.
Freehold
London Borough of Barnet
Council Tax Band C for both flats.
Exterior viewing only. Please be courteous to neighbours.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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