Sold Prior to auction, for an undisclosed amount.

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A well presented first floor studio apartment, ideal for rental investment, vacant.

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Description/Location

Situated in a small courtyard style development set back from the road and close to the exclusive shops and restaurants of Highbury and Islington, Highbury & Islington tube 0.3 miles, Holloway 0.3 miles. London Metropolitan University is within 0.2 miles.

Tenure

Leasehold 122 years from 14th May 2015. Ground rent £250 p.a.

Local Authority

Islington council

Viewing

Please contact Fairview Network Auctions on 0203 011 0177

Accommodation

Ground floor entrance with staircase to first floor, door to living room/bedroom, kitchen, shower room.

Rent

Estimated rental value: £12,000 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.