For Sale by Modern Method of Auction starting at £240,000 plus reservation fee; * refurbishment project * First floor 2 bedroom flat with private balcony, located within a cul-de-sac & offering plenty of communal parking & gardens for residents. Close to transport and local shopsAn opportunity to acquire a 2 bedroom flat in a convenient location and quiet private road. 2 double bedrooms with built in wardrobe space and additional internal storage in the hallway, all rooms are self-contained and the lounge offers direct access to a private balcony. Communal gardens and parking, on a first come basis.
Within easy access of local shops on Russell Lane and being a short distance from Whetstone High Road, the transport facilities include local bus routes as well as Totteridge & Whetstone Underground [Northern Line] and Oakleigh Park Overground [British Rail].
The property is in need of total refurbishment and lease extension. We have been advised by the current owner that the lease is 43 years, unexpired.
Viewings & further detailsFeel free to contact us to book A viewing - 24/7 phone, email or online booking so no need to wait! 24 hours notice required to book a viewingThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iam Sold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iam Sold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iam Sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
This property includes:Entrance Hall7.1m x 0.9m (6.3 sqm) - 23' 3" x 2' 11" (68 sqft)Entrance into property via communal entry system with video entry. Storage cupboard.
Lounge4.99m x 4.24m (21.1 sqm) - 16' 4" x 13' 10" (227 sqft)Direct access on to private balcony.
Kitchen3.23m x 2.13m (6.8 sqm) - 10' 7" x 6' 11" (74 sqft)Bathroom3.09m x 1.76m (5.4 sqm) - 10' 1" x 5' 9" (58 sqft)Bedroom 14.23m x 2.78m (11.7 sqm) - 13' 10" x 9' 1" (126 sqft)Length into wardrobes is > 5.40 (m).
Bedroom 23.25m x 3.05m (9.9 sqm) - 10' 7" x 10' (106 sqft)Length is measured into wardrobe and entrance door recess.
Storage RoomExternal storage area.
ExteriorCommunal gardens and car parking.
Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.
Additional Information:Refurbishment project - Remainder lease 43 years2 Double bedroom flat with private balconyVideo entry system, double glazed and gas central heatingFor Sale by Modern Method of Auction starting at £240,000 plus reservation feeChain freeGround Rent: £100 Every 12 MonthsService Charge:£927.53 Every 12 MonthsService Included: Ground Rent and Service Charge is Approximate: Ground Rent is between £50.00 - £100.00 P/A. We have been advised the service charge includes buildings insurance & communal area management and maintenance. Marketed by EweMove Sales & Lettings (Southgate & Oakwood) - Property Reference 27496 Continued...
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