Details

Investment - 2 Flats in a Semi Detached House

This house is located in a much sought after area of Edgware. Presently arranged as two flats which are let on Assured Short hold Tenancy Agreements, it is considered that there may be potential for future development, subject to all necessary consents being obtainable.

Each flat has its own separate entrance.

Flat 8A - Ground Floor 1 Bedroom.
Tenancy Let on an Assured Short hold Tenancy, at a current rental of £1370 per calendar month.

Flat 8B - First Floor 2 Bedrooms.
Tenancy Let on an Assured Shorthold Tenancy, at a current rental of £1600 per calendar month.

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

Freehold

• Auction Date

  29/02/2024

• Auction Time

  11:15AM

• Auction Venue

  Live Stream - Online

Viewing Times

Thu 22 Feb  09:00-09:30