Flat
A modern first floor two bedroomed apartment located off a popular High Street in a vibrant part of North London within easy reach of both Finsbury and Gillespie Parks.
Situated within the Drapery Building, an art deco block. This bright and spacious apartment offers flexible living space of approximately 789 sq ft..
Public transport links are available at Finsbury Park Rail Station located to the east and at Arsenal London Underground Station (Piccadilly Line) lying to the south east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A503 and the A1 located to the west.
We have been informed the property is suitable for cash buyers only.
Open plan kitchen/reception room, two double bedrooms, bathroom
Two bedrooms, reception room open plan to kitchen, bathroom/wc
Private terrace finished with decking
We are informed of the following (as of November 2019):
Leasehold 125 years from October 2012
Service Charge £500 per annum
Ground rent £200 per annum
Please see legal pack for confirmation.
The buyers fee for this lot is £1,200 inc VAT
Leasehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
