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RESIDENTIAL INVESTMENT – 7 VIRTUAL FREEHOLD FLATS FOR SALE IN MUSWELL HILL
The property is situated off Colney Hatch Lane, close its junction with Alexandra Park Road and all amenities of Muswell Hill which is a popular suburb of North London. Muswell Hill Broadway amenities include many fashionable bars, restaurants, shopping and leisure facilities, concentrated around the junction/roundabout linking Colney Hatch Lane (B550), Queens Avenue (A504) and Muswell Hill Broadway (A504). There are ample open spaces with Muswell Hill Golf Course, Albert Road Recreational Ground and Alexandra Park all within walking distance. There are a number of stations nearby including Alexandra Palace Railway (First Capital Connect), Bounds Green Underground (Piccadilly Line) and East Finchley Underground (Northern Line) Stations being circa 1.4 miles away. The area is also well served by the bus network with a short journey to Highgate Underground (Northern Line) Station.
The property comprises 7 flats, all of them with 2 bedrooms, reception room, kitchen and bathroom.
AREAS (ALL MEASUREMENTS ARE APPROXIMATE):
|Sq Ft||Sq M|
|Flat 25||First||2 bedrooms||584||54.3|
|Flat 31||Third||2 bedrooms||584||54.3|
|Flat 32||Fourth||2 bedrooms||574||53.3|
|Flat 58||Second||2 bedrooms||596||55.4|
|Flat 79||Third||2 bedrooms||570||52.9|
|Flat 80||Fourth||2 bedrooms||577||53.6|
|Flat 102||Fifth||2 bedrooms||584||54.3|
TENANCIES & INCOME:
|Per calendar month||Per annum|
|Flat 32||Vacant||£1,365 (estimated)||£16,380 (estimated)|
|Flat 79||Vacant||£1,365 (estimated)||£16,380 (estimated)|
(Actual & Estimated)
* ASTs for Flat 58 & Flat 80 have break clauses which can be served 2 months from expiry of 6th month.
999 Year Leases granted in 1990, subject to £100 per annum ground rent for each flat.
£2,730,000 – Subject to Contract
Each party to bear their own legal costs.
Under the Estate Agents Act 1979, Section 21, the Agents declare personal interest in the subject property.
Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed buyers prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
SUBJECT TO CONTRACT