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2 bedroom ground floor flat for sale

Flat A, 2B Spencer Mews, Bounds Green, London N13

Removed £300,000

Property Description

Key features

  • For sale by auction
  • Investment Flat
  • Bedrooms: 2

Full description

Tenure: Leasehold

Lot 48 - This lot is for sale by auction as lot 48 on 14th December 2017.

Two Leasehold Self-Contained Ground Floor Flats with Patios

- Each Flat subject to an Assured Shorthold Tenancy
- To be offered either Individually or Collectively
- Total Current Gross Rent Reserved

£30,000 per annum (equivalent)from Lots 48 and 49

Leasehold. Each flat is held on a lease for a term of 125 years from 24th June 1990 (thus having approximately 98 years unexpired) each at a current ground rent of £145 per annum.

The properties are situated on the west side of Spencer Mews, to the north of its junction with Spencer Avenue. Local shops and amenities are readily available directly to the east along Green Lanes, with the extensive facilities of Wood Green also being accessible to the south. Local bus routes run to the east along Green Lanes. London Underground services run from Wood Green Station (Piccadilly Line). The North Circular Road (A406) is directly to the north and provides direct access to the M1 Motorway and the A10, which in turn provides access to the M25 Motorway. The open spaces of Alexandra Park are to the south-west.

The property comprises two self-contained ground floor flats situated within a building arranged over ground and two upper floors. The properties each benefit from a private rear patio and will be offered either individually or collectively.

Accommodation and Tenancies

To View
Please contact Allsop by sending an email to with the subject heading Viewing - Lot 48-49'.

Seller's Solicitor

Fuglers (Ref Mr O Hunrahan).Tel 0207 323 6450.Email

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Listing History

Added on Rightmove:
25 November 2017

Map & Street View

Disclaimer - Property reference 1031000049. The information displayed about this property comprises a property advertisement. 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 Allsop , Auction. 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.

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*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 Allsop , Auction on 0207 494 3686.

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