*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £10,200 Per Annum
Tenure Leasehold. The property is held on a 99 year lease from 1st June 2015 (thus approximately 90 years unexpired).
Location The property is situated on a residential road close to local shops and amenities. The open spaces of Somerford Grove Open Space are within easy reach. Transport links are provided by White Hart Lane overground station and Northumberland Park rail station.
Description The property comprises a first floor studio flat situated within an end of terrace building arranged over ground and two upper floors.
Accommodation First Floor Studio Room Bathroom
Accommodation Tenancy The property is subject to an Assured Shorthold Tenancy at a rent of £850 per calendar month. There maybe potential to increase the rent, we understand from the vendor that the current estimated rental value for this property is circa £1,000 pcm.
Note The property has not been inspected by Auction House London. All information has been supplied by the vendor.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House London - Hampstead. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House London - Hampstead for full details and further information.