LOT 6

55 Brookhill Road, Barnet, Hertfordshire, EN4 8SF

FREEHOLD RESIDENTIAL INVESTMENT (4 FLATS)
Result: Sold for £690,000 Guide price: £375,000 - £400,000*

Auction Date

Tuesday, 16th July 2019 12:00pm

BY ORDER OF B TOBIN & P JOSEPH OF STRETTONS AS LPA RECEIVERS

Location & Description

A detached two storey property extended to the side and rear which comprises 4 flats (1 x 2 bed & 3 x 1 bed). On the north side of Brookhill Road in a predominantly residential area, about ½ mile south of New Barnet mainline station, close to the junction with Crescent Road, opposite an Aldi supermarket and adjacent to a local retail parade.

Accommodation

First Floor Flat C: Reception/kitchen, bedroom with en-suite shower/WC
First Floor Flat D: Reception/kitchen, bedroom with en-suite shower/WC
Ground Floor Flat A: Reception, 2 bedrooms each with en-suite shower/WC, kitchen, living room
Ground Floor Flat B: Reception/kitchen with en-suite shower/WC

Tenancy Details

We have been verbally advised by the occupiers that each flat is occupied by way of a local authority temporary accommodation agreement. It is our understanding that these persons in occupation have been temporarily placed at the property by various local authorities, including Barnet Council, Haringey Council and Waltham Forest Council.

We have not had sight of any agreements to this effect, nor have we been given any details in respect of the length or income of the agreements. Prospective purchasers should refer to the legal pack and to the addendum for the most up to date information in this regard.

Status

Sold for £690,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.