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Floorplan
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    Key features

    • Block of 9 studio flats
    • Forms part of a large building
    • In need of some modernisation
    • Investment let at £90,000 per annum
    • Rental Yield of 7.7% on the Guide Price.
    • Scope to enhance on rental for each unit

    Description

    A block of 9 studio flats, forming part of a large building.

    The studio flats are in need of some modernisation.

    Conveniently located for the amenities and transport links of Barnet.

    Investment let at £90,000 per annum.

    All units are occupied.

    Additional information

    Tenure

    999 years from 29.9.1998

    Accommodation

    First Floor - One Studio.

    Second Floor - Three Studio Flats.

    Third Floor - Four Studio Flats.

    Top Floor- One Studio Flat.

    Tenancy



    Rent

    £90,000 per annum.

    Notes

    Please note the floorplan for Flat 8 will be uploaded shortly.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Barnet is a very popular suburban market town located between Borehamwood and Enfield about 10 miles north west of central London.

      Located on Barnet High Street, opposite the turning for Moxon Street.

      The property is conveniently situated for the shops restaurants and cafes of Barnet.

      The recreational amenities of King George's Fields, Old Court House Recreation Ground and Monken Hadley Common are closeby.

      Barnet Hospital is also easily accessible.

      Good road links provide easy access to the M25, A1, A1(M) and M1.

      Transport

      High Barnet - Northern.

      Hadley Wood - National Rail.

      Legal documents

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      EPC rating

      The EPC rating for this property is E

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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