Ronald Court, BARNET, EN5 5QT

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Description

Checkmate Estates Auction Property – STUNNING 1-BEDROOM GROUND FLOOR MAISONETTE

EN5 5QT |  Modern Finish

A fantastic opportunity to purchase this beautifully presented, ground-floor one-bedroom maisonette, offered for sale by auction. Finished to a modern standard with a stylish white and grey colour scheme, the property is in excellent condition and ready to move into or rent out.

Featuring its own private entrance and excellent storage throughout, this property is ideal for first-time buyers, downsizers or buy-to-let investors.

Located in the desirable EN5 area, the property is just minutes from Hadley Wood Common, with convenient access to local shops, amenities and transport links.

With similar properties achieving rents of approximately £1,600 PCM, this could be an attractive investment opportunity.

PROPERTY DETAILS

• Property Type: One-Bedroom Ground Floor Maisonette

• Sale Method: Auction

• Condition: Excellent, Modern Finish

• Interior: Stylish White & Grey Décor

• Storage: Excellent Storage Space

• Entrance: Own Private Entrance

• Occupancy: Vacant

• Lease Remaining: 115 Years

• Ground Rent: £250 Per Annum (review period to be confirmed)

• Annual Service Charge: £1,430

KEY FEATURES

• Modern, neutral finish throughout

• Own private entrance

• Excellent storage

• Vacant possession

• Ideal first-time purchase or investment

• Potential rental income of approximately £1,600 PCM

• Convenient location close to green spaces, shops and transport links

A superb auction opportunity offering modern living and investment potential.

ENQUIRE NOW FOR FURTHER DETAILS AND AUCTION INFORMATION!

***This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.***

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

 

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

 

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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