• Vacant Ground & 1st Floor 4 Bedroom Maisonette

• Includes Garage & a Car Parking Space

• Asset Management Opportunity – Leasehold circa 63 years unexpired

• Close to Bounds Green Station (Piccadilly Line) & Bowes Park Station (Great Northern Rail)

• On the Instructions of a Charity

• To be offered for sale via Knight Frank Auctions on Thursday 22nd October (will not be sold prior to auction)

Property Description

The property comprises a 4-bedroom maisonette arranged over ground and first floor.

The ground floor comprises 2 rooms, kitchen and WC, with access to the communal garden. The first floor provides 4 rooms, bathroom and a storeroom.

The property benefits from a garage and a car parking space.

• Ground Floor – 2 Rooms, Kitchen & WC – 65.90 sq m (709 sq ft)
• First Floor – 4 Rooms, Bathroom & Storeroom – 62.20 sq m (669 sq ft)
• Total – 128 sq m (1,378 sq ft)

TENURE
Leasehold. Held for a term of 101 years (less 1 day) from 25th March 1988 (thus having approximately 63 years unexpired) at a current ground rent of £175 per annum.

TENANCY
Vacant

EPC
Rating C

OPEN HOUSE VIEWINGS
Tuesday 6th October: 10:00am - 10:30am
Saturday 10th October: 10:00am - 10:30am
Thursday 15th October: 10:00am - 10:30am
Saturday 17th October: 10:00am - 10:30am
Please arrive at the start time.

Location

The property is in Collings Close, accessed from Whittington Road/ Palmerston Road which provides direct access to the North Circular (A406) within 0.25 miles to the north. Bounds Green Station (Piccadilly Line) & Bowes Park Station (Great Northern Rail) are both within 0.5 miles south of the property. The open spaces of Broomfield are to the north. Bounds Green provides a wide selection of shops, cafés, restaurants and everyday amenities.

Occupancy

Vacant

Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.