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Flat B, 9 Albany Road, Hornsey, London, N4 4RR

Lot no: 4 Sold at Auction for £567,000
 

Guide Price £475,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Thursday 17th December 2020

11.30am
Key Features
  • A split level, two bedroomed, ground floor apartment
  • Converted from a grand Victorian house
  • Garden with detached Studio / Home Office to the rear
  • EPC Rating: C
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Sold at Auction for £567,000

Maisonette

Property Description:

A two bedroomed garden maisonette with detached home office, converted from a grand Victorian house on the desirable Albany Road.
The spacious maisonette arranged over two floors benefiting from a large well-kept private garden which includes an impressive detached studio / home office to the rear.
Within the apartment many of the period features have been retained including statement cornicing and a tiled entrance hall.
Comprising of two bedrooms, one bathroom, a large kitchen and lounge with double height ceilings, as well as the spacious garden and studio to the rear, it is an impressive property with further potential to add value.

Accommodation:

Ground Floor: Entrance hallway, reception room, kitchen, bedroom and bathroom
Lower Ground Floor: Bedroom two and garden room
Outside: Large garden with detached studio/home office.

Location:

Situated in the leafy North London suburb of Stroud Green, Albany Road is perfectly located to benefit from the numerous green spaces the area has to offer as well as a wide range of restaurants and independent shops located just 10 minutes walk away on Stroud Green Road.
The property also benefits from good public transport access with the three train stations of Crouch Hill, Harringay Green Lanes and Harringay all approximately 10 minutes walk away.
(All distances and times are approximate)

Lease:

Pease see legal pack for further information.

Note:

The buyers fee on this lot is £2,400 inc VAT, this is only payable if you are the successful purchaser. There is no cost to participating in the sale.

Tenure:

Leasehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully 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 SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
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 Buyers Terms.

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