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
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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
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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
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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
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Binding contracts of sale will be exchanged at the point of sale.\r
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All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
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Auction Deposit and Fees:\r
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The following deposits and non- refundable auctioneers fee apply:\r
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• 10% deposit (subject to a minimum of £5,000)\r
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• Buyers Fee of £1,500 inc. VAT\r
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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
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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
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Additional Information:\r
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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
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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
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Guide Price & Reserve Price:\r
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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.