Freehold Property Arranged as 9 x Studio Flats - Producing £94,400 pa An unusual opportunity to acquire this end of terrace freehold property, which has been converted into 9 x studio flats. The building is currently let to the Causeway Irish Housing Association.
The Auctioneers have not been able to inspect the property internally - and therefore are unable to confirm the condition or layout of 29 Truro Road Situation The property is located in the Wood Green area of North London, and is close to local shops and amenities. Wood Green underground station is just over half a mile from the proeprty.
Location Pin (What3Words): flies.rating.jumps
https://w3w.co/flies.rating.jumps NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Rent The 9 flats are let to the Causeway Irish Housing Association on a 4 year lease, expiring on the 30th April 2025, at a current rent of £94,404.96 per annum. Tenure Freehold Lot Type Freehold Residential Investment Accommodation Flat 1 - 18 sq.m.
Flat 2 - 14 sq.m.
Flat 3 - 16 sq.m.
Flat 4 -20 sq.m.
Flat 5 - 14 sq.m.
Flat 6 - 19 sq.m.
Flat 7 - 20 sq.m.
Flat 8 - 21 sq.m.
Flat 9 - 17 sq.m.
Total Floor Area - 159 sq.m. Council Tax - Band A EPC Rating Flats 1, 2, 5, 8 & 9 - D
Flats 3, 4, 7 - C
Flat 6 - TBC Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT) Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.