Flat for sale in Wood Street, Barnet EN5

Located within close proximity of Barnet Hospital is this spacious circa 1500sqft split level maisonette currently let to hospital staff. The property currently has 5 tenants bringing an annual income of £36,000.

Note for buyers:

Please use the following link to register your online auction account:

Traditional Online Auction Information

Please note: This property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.

Fees:

On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. & 1,400 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day.

There is an additional buyer premium of 3% (incl. VAT) subject to a minimum of £6,000 ( incl. VAT) which will be charged immediately online.

Pricing Information:

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Deakin White and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

Exchange takes place instantly and the successful buyer has 28 days to complete the purchase

Lease - 91 Years Remaining
Ground Rent tbc

For more information or to make an offer please get in touch with Scott