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43B Central Avenue, Enfield EN1 3QD

Lot no: 199 Withdrawn for £220,000
 

Guide Price £200,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th November 2023

10.00am
Key Features
  • Two bedroomed flat
  • Let and producing £1,200 per calendar month
  • Well located
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Withdrawn for £220,000

Flat

Property Description:

A two bedroomed flat which we understand is let at £1,200 per calendar month (£14,400 per annum). Prospective buyers are advised to inspect the legal documents before placing their bid, as this will be binding.

Central Avenue is well located for commuters with Turkey Street, Enfield Lock and Brimsdown all being within short walking distance away which serve London Liverpool Street via Seven Sisters (Victoria Line) in approximately 40 minutes. The A10 and M25 are also easily accessible.

Leasehold Information

125 years from 24 October 2008. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Subject to tenancy.

Unexpired Years

110




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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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 Price

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.