1 Bed Maisonette House For Sale Moss Hall Grove, London, N12

£255,000- Maisonette

Auction Property
1 of 1
  • Description
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 4th June 2024

Description

For sale on 31 August 2023\r
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.\r
The auction will commence at 10:00.

A one bedroomed first floor maisonette located along Burnbrae Close. \r
\r
The sellers believe the maisonette is let producing a monthly rent of £1,375 per calendar month (£16,500 per annum). Prospective buyers are advised to inspect the legal pack in this respect and make all necessary independent enquiries prior to placing their bid, as this will be binding.\r
\r
Burnbrae Close is well positioned for both Woodside Park and West Finchley Underground Stations (Northern line) and is close to shops, bars and restaurants.

Note Please be advised that the auctioneers have not personally inspected the property and there is no access available for this property. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Leasehold Information 125 years from 1 October 1988. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Services: Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.
Heating: Gas central heating.
Building construction: Brick.
Broadband: Standard 15 mbps, Superfast 80 mbps and Ultrafast 1000 mbps are available in this location
Mobile Signal: EE, O2, Vodaphone and Three are available in this location for Voice and Data.
Satellite and Cable TV Availability: Sky, Virgin and BT are available in this location.

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:\r
\r
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.\r
\r
Binding contracts of sale will be exchanged at the point of sale.\r
\r
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
\r
Auction Deposit and Fees:\r
\r
The following deposits and non- refundable auctioneers fee apply:\r
\r
• 10% deposit (subject to a minimum of £5,000)\r
\r
• Buyers Fee of £1,500 inc. VAT\r
\r
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.\r
\r
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.\r
\r
Additional Information:\r
\r
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.\r
\r
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).\r
\r
Guide Price & Reserve Price:\r
\r
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.

Agent Details
SDL Property Auctions
17 Regan Way Toton Nottingham NG9 6RZ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£300,000
London, N12
Flat
7.5
£240,000
London, N2
Apartment
6.9
£325,000
London, N12
Flat
6.9
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested