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

Lot 22

Vacant 1 Bed Flat for the Over 60's - Reduced from a previous asking price of £170,000
By order of Lasting Power of Attorney
6 week completion

Situation

Located close to the junction with Shenley Road and just a few minutes' walk from Borehamwood Shopping Park which includes multiples such as M&S Foodhall, Lidl, Aldi, Boots, Costa Coffee, Next, Home Bargains, Sports Direct, B&M Home Store and a host of other retailers.
In addition, Elstree & Borehamwood Train Station (Thameslink) is approx. ¼ mile distant.
Borehamwood and Elstree is famous for its film making industry and is a popular commercial and residential area lying approx. 11 miles north-west of central London, within easy reach of the M1 (Junction 4) and the M25 (Junction 23).

Property

Forming part of a purpose-built Retirement Block for the Over 60's comprising a Self Contained 1 Bed Flat on the first floor

The property benefits from:
• Communal Gardens
• Residents Parking
• On Site Manager
• Communal Lounge & Hobby Room
• Laundry Rooms
• 8 Person Passenger Lift
• 24 hour, 365 day assistance by Careline

VIDEO TOUR

Click here to view the video tour of the flat.

ACCOMMODATION (measurements to the maximum points)

First Floor Flat
Bedroom	14'3" × 8'10"
Reception Room	19'7" × 9'8"
Kitchen	6'10" × 7'11"
Bathroom/WC	7'4" × 4'10"
Total GIA	Approx. 495 sq ft

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 189 years from 1st September 1988 (thus having over 151 years unexpired) at a Peppercorn ground rent.

Offered with Vacant Possession

*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.

Flat 19 Fairbanks Lodge, Furzehill Road, Borehamwood, Hertfordshire WD6 2DQ