Lot 70A
    Flat
    53B Stroud Green Road
    Finsbury Park, London, N4 3EF
    Please refer to auctioneer for more information
     
    Number 1
    A Second Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £19,500 per annum. Offered with Full Planning Permission to Create a Third Bedroom in the Loft Space.

    Description

    The property comprises a two bedroom second floor flat situated within a semi-detached mixed use building arranged over ground and two upper floors.

    Tenure

    The property will be held on a new 999 year lease on or before completion.

    Location

    The property is situated in the North London area of Finsbury Park amongst local shops and amenities. The open spaces of Finsbury Park are within easy reach. Transport links are provided by Finsbury Park overground and rail stations.

    Accommodation

    Second Floor
    Reception Room, Two Bedrooms, Kitchen, Bathroom with WC & wash basin

    Planning

    Islington Borough Council granted the following planning permission (Ref: P2018/1065/FUL) on 13th June 2018 for:
    'Alteration to layout of second floor flat including the conversion of the loft space with new dormer windows to the rear and side and 3 rooflights in front roofslope. Relocation of shared entrance serving the existing 2 flats on floors 1 and 2 resulting in increased ground level floor space'.

    Tenancy

    The property is subject to an Periodic Tenancy commencing 2018 at a rent of £375 per week.

    Addendum

    For the avoidance of doubt the tenancy is £375 per week, not per month as first published.
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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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