For sale by online Auction on 27th May 2021 (unless sold prior): A Ground Floor 2 Bed Flat. The Flat is let on an AST prod. £16,200 per annum and will be sold with the benefit of a new 125 year lease from completion.
Situation
Located close to the corner of Town Road and Montagu Road in this predominantly residential area, less than ½ a mile from Edmonton Green town centre and less than a mile from the Lee Valley Leisure Complex, which includes a cinema, athletics centre and golf course.
Edmonton Green is situated approximately 9 miles north of central London enjoying excellent road access, being within easy reach of the M25 (Junction 25) and rail access via Edmonton Green Rail Station (Overground).
Property
Forming part of a residential building comprising a Self- Contained 2 Bed Flat on the ground floor. The property benefits from Gas Central Heating (not tested) and uPVC windows.
Accommodation
Ground Floor Flat (measurements to maximum points)
Bedroom 1 9'0" x 11'7"
Bedroom 2 8'11" x 15'11"
Living Room 12'0" x 15'10"
Kitchen 10'0" x 8'3"
Shower/WC 6'4" x 4'8"
gia Approx. 638 sq ft
VAT is not applicable to this Lot
Tenure
Leasehold for a term of 125 years from completion at a ground rent of £100 p.a. (rising by £100 p.a. Every 25 years).
Tenancy
The property is let on an AST to 2 Individuals for a term of 1 year from 15th December 2017 (holding over – in occupation since 2015) at a current rent of £16,200 per annum exclusive.