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A Freehold Detached Purpose Built Block of Thirteen Self Contained Flats. All Flats are Let Producing a Combined Income of £159,516 per annum
The property comprises a modern detached purpose built block arranged over ground and three upper floors. Internally the property is arranged to provide thirteen self- contained flats. Each flat has two bathrooms and a door entry phone system. In addition, the property benefits from a lift and a secure underground car park.
Tenure
Freehold
Location
The property is situated in the heart of New Barnet close to the local shops and amenities of East Barnet Road. Transport links are provided by New Barnet rail station which is just a short walk away.
Accommodation & Tenancy Details
Flat 1 - Ground Two Bedroom Flat Periodic Tenancy from 01.12.07 at a rent of £940 pcm (£11,280 pa) Flat 2 - Ground Two Bedroom Flat 12 month AST expiring on 11.02.15 at a rent of £1,100 pcm (£13,200 pa) Flat 3 - Ground Two Bedroom Flat 12 month AST expiring on 30.10.14 at a rent of £950 pcm (£11,400 pa) Flat 4 - Ground Two Bedroom Flat 12 month AST expiring on 08.02.14 at a rent of £1,083 pcm (£12,996 pa) Flat 5 - First Two Bedroom Flat 12 month AST expiring on 04.04.14 at a rent of £980 pcm (£11,760 pa) Flat 6 - First Two Bedroom Flat 12 month AST expiring on 13.11.14 at a rent of £980 pcm (£11,760 pa) Flat 7 - First Two Bedroom Flat 12 month AST expiring on 05.04.14 at a rent of £1,050 pcm (£12,600 pa) Flat 8 - First Two Bedroom Flat 12 month AST expiring on 11.10.14 at a rent of £980 pcm (£11,760 pa) Flat 9 - Second Two Bedroom Flat Periodic Tenancy from 12.10.07 at a rent of £910 pcm (£10,920 pa) Flat 10 - Second Two Bedroom Flat 12 mo
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.