For Sale By Auction | 12:00, 07 November 2016 | Lot 79

853, 853A, 877 & 877A Honeypot Lane, Stanmore, Middlesex, HA7 1AR

Sold £21,000

  • Block of Apartments
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Mon 07/11/2016

Auction Time

12:00

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Ground Rent Investment Secured Upon a Mid Terrace Building Internally Arranged to Provide a Shop and Three Self-Contained Flats Producing £750 per annum.

Tenure

Freehold

Location

The property is situated in the suburban residential area of Stanmore close to local shops and amenities. There are numerous green spaces within easy reach. Transport links are provided by Canons Park and Queensbury underground stations (Jubilee line).

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights. Upon completion both 877 & 877A Honeypot Lane will have new 999 year leases both paying £250 per annum. Thus a total income of £750 per annum.

Lot Type

Ground Rents

Viewing Details

No internal viewings. Please contact Tommy Hughes on 020 3837 9757 or tommy@auctionhouselondon.co.uk to discuss further.

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.