Details

A studio apartment, 382 sq. ft, in good condition

This studio apartment offers a great investment opportunity with a rental yield of 8.5%

The property is currently let at £15,600 per annum, making it an attractive option for investors looking to add to their portfolio.

With its convenient location and good condition, this studio apartment is sure to appeal to tenants.

Chipping Barnet is surrounded by beautiful green spaces, including Hadley Woods and Monken Hadley Common, providing residents with plenty of opportunities for outdoor activities and relaxation. The town is also well-connected to central London and other parts of the city via public transport, making it a great choice for commuters. National Rail - New Barnet, Underground - High Barnet (Northern Line).

Don't miss out on this opportunity to own a property with great rental income potential in the vibrant area of High Barnet.

Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 and contracts are exchanged.

The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).

To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.

Tenure

Leasehold

Lease

Contact us on 020 8958 1118 for more information.

Ground Rent

TBC

Service Charge

TBC

• Auction Date

  29/02/2024

• Auction Time

  11:15AM

• Auction Venue

  Live Stream - Online

Viewing Times

Mon 26 Feb  18:00-18:30

Wed 28 Feb  18:00-18:30