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Residential properties for auction in Clapton Park, London

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
New
A First & Second Floor Two Bedroom Maisonette Plus Head Leasehold Ground Rent Investment.

The property comprises a two bedroom first and loft floor maisonette within a mid terrace building arranged over lower ground, raised ground and two upper floors. The property requires a program of refurbishment but benefits from a separate entrance door beyond the communal front door (shared with Ground Floor Flat but not the Basement Flat).

Tenure
Leasehold. The property is held on a 120 year lease from 1982 (thus approximately 84 years unexpired) at a ground rent of £50 pa. Included in the sale is the headlease which allows the owner to collec

Location

The property is situated on a popular residential road close to shops and amenities. The open spaces of Springfield Park are within easy reach. Transport links are provided by Stoke Newington rail station.

Accommodation

Half Landing
Double Bedroom

First Floor
Reception Room
Kitchen/Diner
Bathroom

Loft Floor
Double Bedroom

Tenancy

The property is subject to a Periodic Tenancy following a 12 month Assured Shorthold Tenancy commencing 5th February 2010 at a rent of £1,265 per calendar month (unchanged since 2007).

Both the tenancy and the S21 notice predate the legislation change of 1st October 2018.

Current Rent Reserved £15,180 per annum. A Section 21 Notice has been served on the tenant to vacate.

Viewing Details
Open House Viewings To Be Confirmed

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times
Please call Auction House London on 020 7625 9007 to arrange a viewing
Upper Flat, 105, Forburg Road, London, N16 6HR
A First & Second Floor Two Bedroom Maisonette Plus Head Leasehold Ground Rent Investment
Type: House, Residential
Location: Upper Flat, 105 Forburg Road, London, N16 6HR
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