Lot 32 - 6 Cedar Court, Upper Park Road, New Southgate, N11 1RU


 
 

About the property

Lesaehold Flat Investment

London Borough of Barnet

Situated between Inverforth Road and Palmers Road, close to local shopping/travelling facilities including New Southgate Rail Station and Arnos Grove Tube Station (Piccadilly Line).

A Self-Contained Purpose Built First Floor Maisonette with Own Front Door comprising:
Reception Room
Bedroom (One)
Bedroom (Two)
Kitchen
Bathroom/WC
Balcony

Let on an Assured Shorthold Tenancy for 12 months from 17th December 2019 at £1,450 per calendar month.

Leasehold for a term of 90 years from 29th September 1959 at a ground rent of £10 per annum.

Notice under Section 42 of the Landlord Reform Housing and Urban Development Act 1993 has been served on the freeholder seeking a lease extension on the existing lease and the purchaser will have the benefit of this notice.

Producing £17,400 per annum 

Communal Garden

EPC Rating: C

Inspection: By arrangement with the Auctioneers

*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. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,000 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

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