Lot 6

RESIDENTIAL INVESTMENT

66A St Marks Road, Enfield, Middlesex, EN1 1BB
66A St Marks Road, Enfield, Middlesex, EN1 1BB
MARCH AUCTION

Currently let at £10,200 per annum

Up To Ten Week Completion

A first floor studio apartment situated in a popular residential area within easy reach of local shops and amenities. Its location offers excellent transport links with Bush Hill Park mainline station at the end of the road providing access to London (Liverpool Street).

The property has double glazed windows, a gas heating system via radiators and is subject to an existing Assured Shorthold Tenancy Agreement making it an ideal first time investment.

Accommodation

Entrance hall, living room/sleeping area, kitchen and bathroom/W.C.

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £850 per calendar month.

Tenure

Remainder of a 125 year lease (less three days) from 1st January 1990 at a current ground rental of £100 per annum and rising.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/