June 2021: Wednesday 02 June 2021 - 9:00am
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    Key features

    • Three storey mid terrace property
    • Four bedrooms
    • Approximately 1840 sq ft
    • Potential to convert and subdivide
    • Top two floors both have separate council tax
    • Investment part let at £16,500 per annum

    Description

    An attractive three storey townhouse set over approximately 1840 sq ft

    The property has most recently been let out as a HMO with the first and second floors both having one bedroom, a shower room and an open plan kitchen/reception room. Both floors have their own separate addresses on the Royal Mail and separate Council Tax's

    The ground floor has two bedrooms let on a room only basis with shared facilities

    Potential to convert and subdivide subject to requisite consents

    Investment part let at £16,500 per annum

    Additional information

    Tenure

    Freehold

    Please note the land to the rear of the garden is held under a sub-underlease created 24th March 2016 with a term from and including 24 March 2016 to but not including 25 November 3008. Please refer to the legal pack for full details

    Accommodation

    Ground Floor - Entrance Hallway, Two Bedrooms, Shower Room/WC, Kitchen

    First Floor - Kitchen/Reception Room, Bedroom

    First Floor Half Landing - Two Shower Rooms/WCs

    Second Floor - Kitchen/Reception Room, Bedroom

    Tenancy

    Ground Floor Room 1 - Let on an assured shorthold tenancy at £675 per calendar month (holding over)

    Ground Floor Room 2 - Let on an assured shorthold tenancy at £700 per calendar month (holding over)

    First Floor - Vacant, previously let at £1175 per calendar month

    Second Floor - Vacant, previously let at £1175 per calendar month

    Rent

    £16,500

    Notes

    At the request of the purchaser a section 21 notice can be served on the remaining tenants post exchange of contracts

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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.

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      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

      Located on Gifford Street, a quiet residential no through road

      Well located for the fashionable Coal Drops Yard

      Amenities are conveniently close by along Caledonian Road as are the bars and restaurants of Granary Square, Angel and Islington while Caledonian Road & Barnsbury, Caledonian Road and Kings Cross St. Pancras Stations are all within easy reach

      Bingfield Park and Barnard Park are nearby while Regent's Canal offers picturesque walks

      Transport

      Caledonian Road & Barnsbury - London Overground

      Caledonian Road - Piccadilly

      Kings Cross St. Pancras - Circle, Hammersmith & City, Metropolitan, Northern, Piccadilly, Victoria

      Legal documents

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      EPC rating

      The EPC rating for this property is D

      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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