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    Auction House London
    Lot 40
    Flat
    130 Park View Road
    Tottenham, London, N17 9BL
    Sold for £225,000
     
    All
    Number 1
    A Former Two Bedroom Second Floor Flat Currently Arranged as Two Studio Flats. Both Flats are Let on Assured Shorthold Tenancies Producing a Combined Income of £19,200 per annum
    By Order of the Mortgagees Not in Possession

    Description

    The property comprises two second floor studio flats situated within a purpose built building arranged over ground and two upper floors. Current Rent Reserved £19,200 per annum

    Tenure

    Leasehold. The property is held on a 125 year lease from 18th April 2005 (thus approximately 112 years unexpired).

    Location

    The property is situated in the North London area of Tottenham close to local shops and amenities. The open spaces of Down Lane Park are within easy reach. Transport links are provided by Tottenham Hale rail and underground stations as well as Bruce Grove rail station.

    Tenancy

    The properties are subject to two individual Assured Shorthold Tenancies for a term of 12 months commencing 14th April 2017 and 8th April 2017 at a rent of £750 and £850 per calendar month respectively.

    Accommodation (2nd Column)

    Second Floor
    Two Studio Flats (not inspected)

    Note (2nd Column)

    We understand from the vendor that the original flat was sub-divided in 2007 and has been two studios ever since. As the current use has been in place for over 10 years it should be possible to obtain a certificate of lawfulness from the council, however, no warranty is given in this regard and buyers are advised to make their own enquiries.

    Viewing Details

    Saturday 31st March 15:30-16:00
    Wednesday 4th April 12:45-13:15
    Saturday 7th April 15:30-16:00
    Monday 9th April 12:00-12:30
    Enquire
    Finance Available
    Stamp Duty Calc
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    020 7625 9007 or email us at info@auctionhouselondon.co.uk
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    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 during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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