Auction House London

Lot 27

Flat - Flats / Apartments 

Flats 1-13 Deveraux House

Tewkesbury Close, Barnet, Hertfordshire, EN4 8AX

£3,000,000+

Guide Price (plus fees)

A Freehold Detached Purpose Built Block of Thirteen Self Contained Flats. All Flats are Let Producing a Combined Income of £159,516 per annum

Description

Tenure

Freehold

Location

The property is situated in the heart of New Barnet close to the local shops and amenities of East Barnet Road. Transport links are provided by New Barnet rail station which is just a short walk away.

Description (2nd Column)

The property comprises a modern detached purpose built block arranged over ground and three upper floors. Internally the property is arranged to provide thirteen self-contained flats. Each flat has two bathrooms and a door entry phone system. In addition, the property benefits from a lift and a secure underground car park.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Flat 1 Ground Two Bedroom Flat Periodic Tenancy from 01.12.07 at a rent of £940 pcm £11,280
Flat 2 Ground Two Bedroom Flat 12 month AST expiring on 11.02.15 at a rent of £1,100 pcm £13,200
Flat 3 Ground Two Bedroom Flat 12 month AST expiring on 30.10.14 at a rent of £950 pcm £11,400
Flat 4 Ground Two Bedroom Flat 12 month AST expiring on 08.02.14 at a rent of £1,083 pcm £12,996
Flat 5 First Two Bedroom Flat 12 month AST expiring on 04.04.14 at a rent of £980 pcm £11,760
Flat 6 First Two Bedroom Flat 12 month AST expiring on 13.11.14 at a rent of £980 pcm £11,760
Flat 7 First Two Bedroom Flat 12 month AST expiring on 05.04.14 at a rent of £1,050 pcm £12,600
Flat 8 First Two Bedroom Flat 12 month AST expiring on 11.10.14 at a rent of £980 pcm £11,760
Flat 9 Second Two Bedroom Flat Periodic Tenancy from 12.10.07 at a rent of £910 pcm £10,920
Flat 10 Second Two Bedroom Flat 12 month AST expiring on 24.09.14 at a rent of £1,000 pcm £12,000
Flat 11 Second Two Bedroom Flat Periodic Tenancy from 29.06.07 at a rent of £970 pcm £11,640
Flat 12 Second Two Bedroom Flat 12 month AST expiring on 11.10.14 at a rent of £1,000 pcm £12,000
Flat 13 Third Three Bedroom Flat 12 month AST expiring on 14.05.14 at a rent of £1,350 pcm £16,200

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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Enquire about Flats 1-13 Deveraux House, Tewkesbury Close, Barnet, Hertfordshire, EN4 8AX

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