A Second Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £6,600 per annum

The property comprises a second floor studio flat situated within a end of terrace building arranged over ground and two upper floors.

Tenure

Leasehold. There are approximately 120 years unexpired in the lease.

Location

The property is situated in the heart of Finsbury Park close to local shops and amenities. The open spaces of Finsbury Park and Chestnuts Park are within easy reach. Transport links are provided by Harringay Green Lanes rail station and Turnpike Lane underground station (Piccadilly Line).

Accommodation

Second Floor Studio Room Kitchen Shower Room with WC & wash basin

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of six months commencing 2nd February 2014 at a rent of £550 per calendar month.

The LHA rates for a 1 bedroom property in this postcode is £199.68 per week. Thus potential income of £10,383.36 per annum (source: https://lha-direct.voa.gov.uk)

Current Rent Reserved £6,600 per annum

Viewing Details

Tuesday 9th February 12:30-13:00 Thursday 11th February 12:30-13:00 Tuesday 16th February 12:30-13:00- Cancelled Thursday 18th February 12:30-13:00

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.