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

Lot 26

Freehold 3 Bed House let on an AST
6 Week Completion

Situation

Located close to the junction with Leeds Street and conveniently situated just a few minutes' walk from Silver Street Station (Weaver Overground), the various shopping facilities on Fore Street and the Tottenham Hotspur Stadium.
Edmonton lies approx. 7 miles north of central London and enjoys easy access to the North Circular Road (A406).

Property

Comprising a mid-terrace 3 Bed House on ground and first floors together with a Rear Garden.
In addition, the property includes uPVC double glazing and gas central heating.

ACCOMMODATION (measurements to maximum points)

Ground Floor
Reception	24'1" × 10'11"
Kitchen	9'9" × 7'3"
Bathroom/WC	7'7" × 6'6"
First Floor
Bedroom 1	14'4" × 11'7"
Bedroom 2	11'1" × 9'2"
Bedroom 3	9'10" × 7'3"

GIA Approx. 871 sq ft plus Rear Gardens

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The entire property is let to 1 Individual for a term of 1 year from 2nd June 2024 (Holding Over) at a current rent of £19,200 per annum (£1,600 pcm) exclusive.

Note 1: There is a £1,730.76 Rent Deposit held.

Note 2: We understand that 29 Wakefield Street (2 Bed End of Terrace House) sold for £395,000 in December 2024 (Source: Zoopla).

Note 3: We understand that 77 Wakefield Street (2 Bed Terraced House) sold for £408,000 in October 2024 (Source: Zoopla).

Enquire about this lot:

JOINT AUCTIONEER:
Williamson Dace Brown
Tel: 020 8886 4407 Ref: Thomas Dace
thomas@wdproperty.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 £1,500 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.

20 Wakefield Street, Edmonton, London N18 2AF