Skip to Content

Lot A Sold Prior

105, 107 & 109 Queens Drive, Finsbury Park, London N4 2BE

  • Photo1
  • Photo2
  • Photo3
  • Photo4

Lot A

IN SAME FAMILY OWNERSHIP SINCE 1978
6 WEEK COMPLETION
3 Victorian Mid Terraced Houses (part HMO) comprising a variety of Self-Contained Flats and Rooms each let on ASTs

SITUATION

Located in this popular and highly sought after residential area just a short walk from Seven Sisters Road and the open spaces of Finsbury Park as well as Arsenal's Emirates Stadium. In addition, Finsbury Park Rail (Main Line, Victoria and Piccadilly Lines) and Bus Stations lie within a ½ mile providing easy access into central London just 3 miles to the south.

PROPERTY

3 attractive Victorian Mid-Terraced Houses (part HMO), each planned on lower ground, raised ground, first and second floors together with a large Rear Garden and comprising:

No. 105:
1 Self-Contained Flat
6 Rooms
Plus Kitchens & Bathrooms/WCs

No. 107:
1 Self-Contained Flat
6 Rooms
Plus Kitchens & Bathrooms/WCs

No. 109:
2 Self-Contained Flats
4 Rooms
Plus Kitchens & Bathrooms/WCs

Total GIA of Nos. 105, 107 & 109 Approx. 10,500 sq ft

Floor plans available from Auctioneers.

VAT is NOT applicable to this Lot

FREEHOLD

Note 1: A ground floor 2 bed flat at No. 69 Queens Drive was recently sold on a long lease for £690,000.

Note 2: If requested by the Purchaser, the Vendor will serve Section 21 Notices requesting possession upon all or any of the tenants at any time prior to completion without any liabilities or responsibilities on the part of the Vendor.

Note 3: The 3 freeholds are owned by 3 different companies and, after exchange of contracts and receipt of cleared deposit funds, the Vendor would be willing to discuss with the Purchaser the possibility of the sale to them of the 100% shareholding in the companies. This is without any commitment or responsibilty to do so and in no way does this affect the obligation of the Purchaser to complete the purchase in accordance with the Auction Contract.

Note 4: We understand that 1/2% Stamp Duty applies to the purchase of shares and NIL if the properties are purchased by a registered charity.

Enquire about this lot:

Photo of JOHN BARNETT

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of STEVEN GROSSMAN

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 plus VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.