Flat for sale in London N1, 2 Bedroom

Lot 24 - This lot is for sale by auction as lot 24 on Thursday 14th February 2019.

A Leasehold Self-Contained Second and Third Floor Maisonette subject to a Regulated Tenancy

Current Gross Rent Reserved

£9,092 per annum

Tenure
Leasehold. The property is held on a lease for a term of 125 years from 27th March 2000 (thus having approximately 106 years unexpired) at a current ground rent of £150 per annum.

Location
The property is situated on the east side of Bache’s Street, to the north of its junction with Brunswick Place. An extensive range of shops and facilities is within walking distance to the south. Rail and London Underground services (Northern Line) run from Old Street Station to the south. The A10 is nearby and provides access to the North Circular Road (A406). The open spaces of Shoreditch Park are to the north.

Description
The property comprises a self-contained second and third floor masionette situated within a mid terrace building arranged over ground and three upper floors beneath a flat roof.

Accommodation
The property was not internally inspected by Allsop. The following information was obtained from the Rent Register. We are informed that the property provides:Second Floor – Room, KitchenThird Floor – Two Rooms, Bathroom

Tenancy
The property is subject to a Regulated Tenancy at a registered rent of £2,273 per quarter (effective date 8th September 2018).

Seller’s Solicitor
Womble Bond Dickinson llp (Ref: Lmh).Tel: Email: Lisamarie.Hill@wbd-uk.Com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.