Maisonette
An investment opportunity to acquire a 3 double bedroom maisonette set within an extremely popular residential location and currently generation an annual rental income of £31,800.
Nestled between Hampstead and Golders Green this property is within easy access to the Northern Line and Brent Cross shopping centre and commands £2,650 pcm in rental revenue.
The property boasts some superb features which include its own front door, a private roof terrace as well as allocated secure parking. In brief the property consists of a ground floor entrance, to the 1st floor there is a generously sized lounge, a dining room with separate kitchen and a WC, to the 2nd floor there are 3 double bedrooms, family bathroom and ensuite to bedroom one.
The property is ideally located close to local amenities with Finchley Road being ideally located to the shops, bars and restaurants of Golders Green and Hampstead. Golders Green Underground Station (Northern Line) is close by for excellent links into the City and West End.
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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.
