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136a, Myddleton Road, LONDON, London, N22 8NQ

22nd March 2023
starts 10:00 AM at Grand Connaught Rooms
sold prior
undisclosed

Tenure: Leasehold.  Lease Information awaited.  Please check the Legal Pack for further details.

ANNOUNCEMENT
There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract
The property information form has been updated.
The legal pack was also updated as of 3rd March detailing the updated documents in Misc Part 8 of this online Legal Docs files.
The "lease" has been uploaded as of 3rd March within the Legal Docs online.

Long leasehold first floor self-contained flat arranged over three floors
Investment opportunity - Rent reserved: £12,600pa

Video Tour: Click Here

Location:
The property is situated on Myddleton Road between its junction’s with Whittington and Marlborough Road. The property is well situated for an extensive range of public transport links including Bows Park mainline rail station, Bounds Green Underground station (Piccadilly Line) together with a network of local
bus services serving the surrounding vicinity. Road links include the A10 and the North Circular Road (A406). An extensive range of shops, bars and restaurants can be found locally along the High Road within Wood Green with recreational pursuits being found at the open spaces of Muswell Hill Golf Club, Alexandra Park and Palace and Wood Side Park found nearby.

Accommodation:
Second floor: Reception room, kitchen
First floor: One bedroom
Ground floor: Entrance hall, bathroom/WC

EPC rating: D

Council Tax Band: B

Tenancy:
The property is let on a periodic tenancy (now holding over) at a rent of £1,050 per calendar month.

Rent reserved:
£12,600 per annum

Lease:
Held on a long lease from September 1975 until 28th September 2138 (Thus having approximately 115 years remaining) at a ground rent of £100 per annum rising

To view:
Please contact our office.








Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 23rd March 2023 at 08:58 AM
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