Lot 46
    Terraced
    45 Meads Road
    Wood Green, London, N22 6RN
    Please refer to auctioneer for more information
     
    Number 1
    A Six Bedroom HMO Part Let Producing £75,600 Per Annum. ERV When Fully Let is £87,600 Per Annum.

    Description

    A six bedroom mid terraced HMO arranged over 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 Russell Park are within easy reach. Transport links are provided by Turnpike Lane underground station (Piccadilly line) and Hornsey rail station.

    Accommodation

    Ground Floor
    Three Letting Rooms (with en suites)

    First Floor
    Two Letting Rooms (with en suites)

    Second Floor
    One Letting Room (with en suite)

    Exterior

    The property benefits from a rear communal garden.

    Note

    We understand the property currently falls under a Temporary Exemption Notice and that an HMO license has been applied for. Please refer to the legal pack for further information.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    45A Ground Letting Room with En Suite Bathroom Let on a 12 month AST from 19th October 2022 £13,080 Per Annum
    45B Ground Letting Room with En Suite Bathroom Let on a 12 month AST from 7th July 2022 £14,280 Per Annum
    45C Ground Letting Room with En Suite Bathroom Vacant Vacant
    45D First Letting Room with En Suite Bathroom Let on a 12 month AST from 24th October 2022 £15,480 Per Annum
    45E First Letting Room with En Suite Bathroom Let on a 12 month AST from 31st May 2023 £15,480 Per Annum
    45F Second Letting Room with En Suite Bathroom Let on a 12 month AST from 3rd September 2022 £17,280 Per Annum
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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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.

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