Auction House London

Lot 27

Apartment - Flats / Apartments 

Flat 3, 2 Salisbury Road

Finsbury Park, London, N4 1JZ

Sold for £105,500.

A First Floor Self Containted Studio Flat Subject to an Assured Shorthold Tenancy Producing £6,240 per annum

Description

The property comprises a first floor studio flat situated within a end of terrace building arranged over ground and two upper floors.

Tenure

Leasehold. There are approximately 120 years unexpired in the lease.

Location

The property is situated in the heart of Finsbury Park close to local shops and amenities. The open spaces of Finsbury Park and Chestnuts Park are within easy reach. Transport links are provided by Harringay Green Lanes rail station and Turnpike Lane underground station (Piccadilly Line).

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 27th January 2015 at a rent of £520 per calendar month (holding over).

Accommodation (2nd Column)

First Floor
Studio Room
Kitchen
Bathroom with WC & wash basin

Note (2nd Column)

The LHA rates for a 1 bedroom property in this postcode is £199.68 per week. Thus potential income of £10,383.36 per annum (source: https://lha-direct.voa.gov.uk)

Viewing Details

Tuesday 9th February 12:30-13:00
Thursday 11th February 12:30-13:00
Tuesday 16th February 12:30-13:00 - Cancelled
Thursday 18th February 12:30-13:00 - POSTPONED TO 16:00-16:30
Monday 22nd February 19:00-19:30

Bold Black Text

Current Rent Reserved £6,240 per annum

Additional Fees and Disclaimer

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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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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Lot 35

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Enquire about Flat 3, 2 Salisbury Road, Finsbury Park, London, N4 1JZ

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