This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Studio flat for sale

34a Geldeston Road, LONDON

Guide Price* £150,000

Property Description

Key features

  • UNSOLD AT AUCTION
  • 19 December 2016
  • EPC Rating - n/a

Full description

Tenure: Leasehold


SUMMARY
AVAILABLE AT £150,000 - For more information and legal documents visit our website barnardmarcusauctions.co.uk


DESCRIPTION
Long leasehold top floor self-contained flat

Investment- producing £12,480 per annum

Location:
The property is situated on the west of Geldeston Road, north of its junction with Northwold Road (B111). Local stops and facilities are available along Upper Clapton Road to the east, with a more extensive range of facilities of Stoke Newington being accessible to the west. Public transport links include Clapton Rail Station together with a network of local bus services serving the surrounding vicinity. The property is well situated for a network of road links including the A10 which provides access into Central London to the south together with access to the North Circular Road and the M25 Motorways to the north. Recreational pursuits can be found at Hackney Downs to the south and Springfield Park to the north.

Accommodation:
Studio room, kitchen, shower room/WC

EPC rating: D

Lease:
Held on a long lease for a term of 99 years from 15/09/2016 at a ground rent of £350 per annum (Rising)

Tenancy:
Let on an Assured Shorthold Tenancy at a rent of £1,040.18 per calendar month.

Rent reserved:
£12,480 per annum.

















Important Notice
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.


More information from this agent

Listing History

Added on Rightmove:
25 November 2016

Floorplans

View in fullscreen
Master Floorplan Image
Master Floorplan Image

Map & Street View

Disclaimer - Property reference AUC0005327. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barnard Marcus, Hammersmith Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnard Marcus, Hammersmith Auctions on 020 8741 8088.


Map data OpenStreetMap contributors.