£25,000
parking for sale
Muswell Hill, N10 1EA
studio Flat Property description
LOT 88 *FOR SALE BY ONLINE AUCTION* on 17th September 2025
In Same Ownership for Approximately 19 Years
Freehold Ground Rents and Vacant Parking Space
Located on Colney Hatch Lane, close to local shopping/travelling facilities including East Finchley (Northern Line) Tube Station. Alexandra Park is also nearby.
Freehold Ground Rents amounting to £300 per annum derived from Three Self-Contained Flats each on a lease as follows:
Flat 1. 125 years from 25th December 2008 at a ground rent of £250 per annum doubling every 25 years.
Flat 2. 99 years from 29th September 1975 at a ground rent of £50 per annum. Valuable reversion in approximately 49 years.
Flat 3. 999 years from 29th September 1975 at a peppercorn ground rent.
Vacant Off-Street Parking Space
In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
In Same Ownership for Approximately 19 Years
Freehold Ground Rents and Vacant Parking Space
Located on Colney Hatch Lane, close to local shopping/travelling facilities including East Finchley (Northern Line) Tube Station. Alexandra Park is also nearby.
Freehold Ground Rents amounting to £300 per annum derived from Three Self-Contained Flats each on a lease as follows:
Flat 1. 125 years from 25th December 2008 at a ground rent of £250 per annum doubling every 25 years.
Flat 2. 99 years from 29th September 1975 at a ground rent of £50 per annum. Valuable reversion in approximately 49 years.
Flat 3. 999 years from 29th September 1975 at a peppercorn ground rent.
Vacant Off-Street Parking Space
In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
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First listed
2 days agoMuswell Hill, N10 1EA
Marketed by
McHugh & Co - London Auctions 71 Parkway Camden Town, London NW1 7PPCall agent on 020 8022 7464
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Monthly repayment
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.
Muswell Hill, N10 1EA - Streetview
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