Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 1

Freehold – 4 Vacant Flats with Development Potential
In same family ownership since 1978
6 Week Completion

Situation

Located between Fairhazel Gardens and Priory Road within easy walking distance of the A41 Finchley Road where both Waitrose and Finchley Road Underground Station (Metropolitan & Jubilee Lines) command both corners.
Further close transport links are South Hampstead Station (Overground) and the 3 West Hampstead Stations (Underground, Overground and Thameslink).
South Hampstead is a highly desirable residential area within close proximity to a host of popular local retailers and restaurants, just over 1 mile from Regent's Park and 2½ miles from the West End.

Property

A period semi-detached building with many original features comprising 4 Self-Contained Flats on ground, first and second floor levels.
Flat 1 (Ground Floor) includes a Cellar and an 80 foot mature rear Garden plus an additional access from the side passageway which could possibly facilitate a conversion into 2 Flats, subject to Planning.
There is a large Loft area within Flat 4 (Second Floor) which could be incorporated into that Flat to make a Duplex Penthouse.
The property includes off-street parking at the front for 2 cars.
Each flat has an entry-phone system and individual gas and electric meters.

Accommodation

Flat 1 (Ground Floor & Cellar)
3 Bedrooms, Reception Room, Kitchen,
Utility Room, Conservatory, Bathroom/WC &
Shower Room/WC plus Garden
GIA Approx. 2,268 sq ft

Flat 2 (First Floor Front)
1 Bedroom with en-suite Bathroom/WC &
Balcony (5'2" × 19'10"), Reception Room & Kitchen
GIA Approx. 602 sq ft

Flat 3 (First Floor Rear)
1 Bedroom, Reception Room, Kitchen, Bathroom/WC
GIA Approx. 586 sq ft

Flat 4 (Second Floor)
2 Bedrooms (1 with en-suite Bathroom/WC &
1 with en-suite Shower Room/WC),
Reception Room, Kitchen & Study/Bedroom 3
GIA Approx. 1,353 sq ft

Loft (Third Floor - hatch access from Flat 4)
1 Room
GIA Approx. 1,236 sq ft

Total GIA Approx. 6,229 sq ft

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION (See Note 1)

Note 1: Each flat is held by a family member of the Vendor on a 99 year lease from 24 June 1978 and each lease will be assigned to the Purchaser on completion.

Note 2: In accordance with s5B of the Landlord & Tenant Act 1987, Notices have been served on the lessees and they have not reserved their rights of first refusal. This lot cannot be sold prior to the Auction.

Note 3: The roof was renewed in 2021.

Click here to view the floor plans.

Video Tour

Click here to view the video tour of the property.

*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 £1,500 including 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.

109 Canfield Gardens, South Hampstead, London NW6 3DY