Lot 63B
    Block of Apartments
    245 Royal College Street
    Camden, London, NW1 9LT
    £1,100,000+
    Guide Price (plus fees)
    Number 1
    A Mid Terrace Building Arranged to Provide Three Flats (1 x Three Bedroom, 2 x Two Bedroom) Fully Let Producing £91,392 Per Annum. Planning Permission Previously Granted for First and Second Floor Rear Extensions
    13 Week Completion Available

    Description

    The property comprises a mid terrace building arranged to provide three flats (1 x three bedroom, 2 x two bedroom) over lower ground, ground and two upper floors.

    Tenure

    Freehold

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of The Regent's Park are within easy reach. Transport links are provided by Camden Town underground station (Northern line) and Kentish Town rail station.

    Exterior

    The ground floor flat benefits from a rear garden.

    Planning

    Camden Borough Council granted the following planning permission (ref: 2010/6105/P) on 18th January 2012 : 'Conversion from single family dwelling house to 3 x self-contained flats (Class C3), erection of a two storey rear extension at first and second floors, and alterations to front elevation including new window at ground floor level and covering of lightwell'. Planning has now lapsed.

    Note

    The property can be sold with vacant possession if required.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Flat A Lower Ground and Ground Three Bedroom Flat (Not Inspected)
    G.I.A Approx 77 sq m
    Private individual £3,250 PCM
    Flat B First Two Bedroom Flat (Not Inspected)
    Approx 43 sq m
    Private individual £2,200 PCM
    Flat C Second Two Bedroom Flat (Not Inspected)
    Approx 36 sq m
    Private individual £2,166 PCM

    Financial Tools

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    Purchase Price£1,100,000
    Monthly Rent£0
    Annual Costs£0

    For illustration only. Seek independent financial advice before making decisions.

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    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.

    Guide Prices 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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