Lot 2 - 1A Northampton Grove, London, N1 2PL
- Unconditional Online Auction Sale
- Guide Price* : £575,000 plus
- Duplex Flat
- Feehold
- Convenient Location
- Approximately 73.02 sq m (786 sq. ft)
- Tenanted (holding over) at £3,000 per month
ON BEHALF OF THE RECEIVERS: Two bedroom maisonette flat approximately 73.02 sq m (786 sq. ft) - currently tenanted at £3,000 per month (holding over) but we understand tenant is willing to vacate
Description
The property comprises a two bedroom maisonette flat, with accommodation split across ground and basement floors. It is positioned within a Georgian terrace, though access is to the rear. It is currently tenanted on a statutory periodic tenancy after the expiry of a 12 month AST from 21st August 2023 at a rent of £3,000 per month. We understand that the tenant may be willing to vacate upon a sale and the purchaser would have to serve the necessary notices.
The ground floor provides accommodation within the original building, which is of traditional brick build, with a more modern single storey infill extension to the rear within what was formerly the rear yard of the building. This is constructed with rendered and painted block elevations beneath a flat roof and it abuts Northampton Grove. The flat is accessed via a doorway to the rear extension which leads into a lounge and kitchen/diner. Both are of a good size, and there is a light shaft between the two rooms, which also leads down to the basement area, with a skylight above.
There is a staircase leading from the lounge to the basement which provides a double bedroom with en-suite w/c, alongside a rainforest style shower which is fitted within the light vestibule. There is also a small store, alongside a further small double bedroom and shower room. The kitchen provides fitted wall and base units of a reasonable standard, with herringbone wood flooring to both the kitchen and lounge. The bedrooms and hallway have carpet floor coverings and walls and ceilings are plastered and painted with spotlights throughout. The shower room is tiled, with a walk in shower, wash basin and W/C.
Heating is provided via gas fired central heating with wall mounted radiators.
Location
The property is situated on Northampton Grove, a small cul-de-sac in a residential area between Islington and Dalston, in north east London. Islington and Dalston are both popular residential areas with a wide range of amenities available to include retail stores, bars, restaurants, markets and transport infrastructure. Newington Green is also within a 10 minute walk which provides public houses and cafes.
The property is relatively well located, being close to both the A10 and A1, which are arterial routes into London. It is also 0.3 miles from Canonbury Overground Station, 0.7 miles from Dalston Junction Station and 0.8 miles from Highbury and Islington Station, and there are a range of bus links within the area. Journeys into most areas of central London take approximately 30 minutes by either bus or overground/underground.
The immediate area comprises predominately residential housing, with the surrounding streets providing attractive three/four storey Georgian terraces, some of which appear to have been converted to flats but some remaining as large houses.
Please note the images are from before occupation by the current tenant.
Tenure
Freehold.
Accommodation
Note Max dimensions as irregular shaped rooms. Total area is approximately 73.02 sq m (786 sq. ft)
Ground Floor:
Reception Room - 5.84m x 4.19m (19'2" x 13'9")
Kitchen/Dining Room - 6.50m x 3.25m (21'4" x 10'8")
Lower Ground Floor:
Storage
WC
Shower Room & WC
Bedroom - 3.40m x 3.38m (11'2" x 11'1")
Bedroom 2 - 3.30m x 2.44m (10'10" x 8'0")
Outside
Patio Area.
Tenancies
Currently tenanted on a statutory periodic tenancy after the expiry of a 12 month AST from 21st August 2023 at a rent of £3,000 per month. We understand that the tenant may be willing to vacate upon a sale and the purchaser would have to serve the necessary notices.
EPC
Energy Asset Rating is D.
Council Tax Band
E
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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