Lot 15

9 Beaconsfield Road, London, N11 3AA

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  4. Lot 15 - 9 Beaconsfield Road, London, N11 3AA
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Lot 15
9 Beaconsfield Road, London, N11 3AA
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Legal documents

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Freehold House arranged as Four Self-Contained Flats

Description

By Order of the Executor

In Same Family Ownership for Approximately 60 Years

London Borough of Barnet

Situated off Friern Barnet Road in a popular residential area close to local shopping/traveling facilities including Arnos Grove Underground Station (Piccadilly Line) and New Southgate Train Station (Great Northern Line and Thameslink). Friary Park and Muswell Hill Golf Club are also nearby.

A Substantial Double Fronted Semi-Detached House arranged as Four Self-Contained Flats requiring some modernisation with accommodation arranged on Three Floors comprising:

Second Floor (Flat 4)

• Entrance Hall
• Reception Room
• Bedroom (One)
• Bedroom (Two)
• Kitchen
• Bathroom/WC

EPC Rating: E

Let on a Six Month Assured Shorthold Tenancy Agreement commenced on 14th July 2023 at a rent of £595 per calendar month.

First Floor (Flat 3)

• Entrance Hall
• Reception Room
• Bedroom (One)
• Bedroom (Two)
• Kitchen/Diner
• Bathroom/WC

EPC Rating: C

Let on an Assured Shorthold Tenancy Agreement commenced on 27th October 2022 Holding Over at a rent of £1,075 per calendar month.

Ground Floor (Flat 2)

• Entrance Hall
• Reception Room/Kitchen
• Bedroom
• Bathroom/WC

Let on an Assured Shorthold Tenancy Agreement commenced on 1st May 2022 Holding Over at a rent of £950 per calendar month.

EPC Rating: C

Ground Floor (Flat 1)

• Reception Room/Kitchen
• Bedroom
• Bathroom/WC

Let on an Assured Shorthold Tenancy Agreement commenced on 19th February 2023 at a rent of £400 per calendar month.

EPC Rating: E

Front Garden

Garden at Rear

Off-Street Parking

Producing £36,240 per annum

Note: We have been advised that the flats are currently underlet and there may be scope for significant rent increases. Buyers must rely on their own enquiries.

Inspection: By arrangement with the Auctioneers

Important Information

Each successful buyer or bidder will be required to pay the Auctioneers McHugh & Co., a non-refundable buyer's fee of £1,200 inclusive of VAT. Lots sold for less than £10,000 the buyer’s fee will be £300 inclusive of VAT. 
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale. Buyers are deemed to bid in full knowledge of this.
Each lot is sold in its actual condition and state of repair and the buyer shall be deemed to have surveyed and inspected the lot prior to the auction. For the avoidance of doubt, purchasers shall raise no objection or recourse to McHugh & Co as to the structure or condition of a property and its state of repair. McHugh & Co give no warranty or guarantee as to the structure, condition or issues of a property. This is in reference to (a) the state of the structure of any property or the working condition of any fixtures, fittings, heating systems, appliances or other items included in the sale of any property and (b) the type of the structure or whether such structure is adequate or property constructed. For purchasers requiring funding by mortgage or other means, they are advised to organise this in advance of the auction and shall raise no objection or recourse to McHugh & Co over whether a property is suitable for their lenders criteria.
The successful bidder is under a Binding contract as soon as the Auctioneer's electronic gavel falls on his/her Bid. Upon a successful bid, the bidder’s card will be automatically debited for the bidder security amount, which is considered as a whole or contribution towards the deposit. The bidder security amount is non-refundable upon a successful bid. The bidder/purchaser will be required to pay the balance for the 10% deposit of the purchase price subject to a minimum deposit of £5,000 whichever is greater and buyers fee within 24 hours of the auction date. The completion date is set usually within 20 working days of the auction date. The timeframe for completion on individual lots may vary, please read the special conditions of sale within the legal documentation.
Guides prices 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.
Each purchaser shall be deemed to have read the legal documents or provided the legal documents to their legal representatives for advice on the lot they are intending on purchasing which has been made available on our website. The purchaser shall be deemed to have raised any enquiries with the vendors solicitors that a prudent purchaser would make. The purchaser is deemed to have read the special conditions of sale associated with the sale of the lot and bid in full knowledge of this and the legal documents prior to bidding.

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Lot 10B

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Lot 10C

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Lot 11

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Lot 12

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Lot 13

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£375,000+

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Lot 15

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Lot 16

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Lot 17

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Lot 18

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Lot 19

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