Lot 11
Block of Apartments - Flats / Apartments
David Court
1044-1046 High Road, Whetstone, London, N20 0QR
Unsold, please refer to Auctioneer
A Freehold Ground Rent Investment Secured Upon a Block of Twelve Self-Contained Flats and Eight Garages Producing £2,025 per annum (Rising). Offered with Planning Permission to Create an Additional Floor to Provide Two Further Self-Contained Flats.
Description
Tenure
Location
Planning
'Alteration and modifications of existing roof including construction of an additional (fifth) floor with a new flat roof to building to provide an additional 2no self-contained flats. Associated alterations to fenestration. Additional provision of parking spaces and cycle storage'.
Note
Column 1 | Column 2 | Column 3 |
---|---|---|
Property | Lease | Annual Rent |
Flat 4 | 99 years from 24.6.1994 | £175 |
Flats 10 & 12 | 125 years from 1.1.2001 | £200 each increasing by £200 every 25 years thereafter up to a maximum of £1,000 |
Flat 11 | 999 years from 2001 | Peppercorn |
Flats 2 & 5 | 130 years from 01.1.2001 | £200 each increasing by £200 every 25 years thereafter up to a maximum of £1,000 |
Flat 6 | 189 years from 29.09.1992 | Peppercorn |
Flats 1, 3, 8 & 9 | 189 years from 24.06.1967 | £200 each until 23.03.2041 then doubling every 25 years thereafter |
Flat 7 | 189 years from 24.06.1967 | £250 each until 23.03.2041 then doubling every 25 years thereafter |
Garages 1-8 | 999 years 2002 | Peppercorn |
Joint Agent
Additional Fees and Disclaimer
Administration charge: £1,200 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.
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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. 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.
Similar Properties
Enquire about David Court, 1044-1046 High Road, Whetstone, London, N20 0QR
Sign-up for our newsletter
Get the latest lot details along with new blog posts, straight to your inbox