Flat for sale in Watford WD24, 2 Bedroom

Lot 120 - This lot is for sale by auction as lot 120 on Thursday 28th March 2019.

A Leasehold Self-Contained First Floor Flat subject to an Assured Shorthold Tenancy

Current Gross Rent Reserved

£13,800 per annum (equivalent)
in same ownership for approximately 19 years

Tenure
Leasehold. The property is held on a lease for a term of 125 years from 24th June 1999 (thus having approximately 105 years unexpired) at a current ground rent of £50 per annum.

Location
The property is situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road. Local shops are available, with the further and more extensive facilities of Watford town centre and the Intu Shopping Centre also being within easy reach. Local bus routes run along St Albans Road (A412) and Rail and London Overground services run from Watford Junction Station, providing access into Central London. St Albans Road provides access to both the A41 and A405 and in turn the M1 Motorway. The open spaces of Cassiobury Public Park are also within reach.

Description
The property comprises a first floor self-contained flat situated within a terrace building arranged over ground and first floors beneath a pitched roof.

Accommodation
The property was not internally inspected by Allsop. The following information was obtained from the Vendor. We are informed that the property provides:Two Bedroom Accommodation

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 1 year from 1st October 2017 (Holding over) at a current rent of £1,150 per calendar month.

Seller’s Solicitor

Messrs Clintons Solicitors (Ref: J Nethercot Esq). Tel: Email: Jnethercot@clintons.Co.Uk

Joint Auctioneer
Messrs Cedar Estates (Ref: Dy). Tel: Email: Darren@cedarestates.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.