Terms and Conditions

By submitting a bid you confirm, you have read and understood the terms of sale and special conditions in the legal pack and have clarified all information with your solicitor.

If you’re the successful bidder, you agree to pay the deposit amount and fees and charges associated with this property immediately after the end of the auction.

By placing a bid, you are authorising the auctioneer to sign the contract of sale on your behalf. The exchange of contracts will take place immediately and which point you will become legally bound to purchase and the deposit will contribute towards the purchase price.

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Freehold HMO & Duplex Apartment, London, NW1 9UG

Agar Grove, London, UK

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£1,650,000

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End: 25-06-2020 14:30:00

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(Fees Apply)
The sale of this lot is subject to an auction administration fee, the greater of £2,500 + VAT or 1.75% +VAT of the purchase price.
  • Freehold
  • 7 Bedrooms
  • 1 Reception Room
  • 6 Bathrooms
  • HMO Licence
  • Self Contained Upper Parts
  • Investment Property
London Residential
02074243222

103 Parkway, Camden Town, London, NW1 7PP

  • Freehold
  • 7 Bedrooms
  • 1 Reception Room
  • 6 Bathrooms
  • HMO Licence
  • Self Contained Upper Parts
  • Investment Property
London Residential
02074243222

103 Parkway, Camden Town, London, NW1 7PP

31 AGAR GROVE, LONDON, NW1 9UG

Guide Price - £1,650,000+

A PART VACANT FREEHOLD INVESTMENT 

 

HMO VIRTUAL TOUR

Entrance & Communal Areas: CLICK HERE 

Studio 1 & 2: CLICK HERE 

Studio 3 & 4 CLICK HERE 

 

Property Description

A Freehold Investment property consisting of 2 units:

A Freehold house measuring 2039 sq.ft consisting of a recently refurbished Duplex apartment and 4 Bedroom HMO.

The ground floor is a 3 bedroom duplex apartment, with garden and private entrance. All bedrooms are good size double bedrooms 

The top two floors consist of 2 studio rooms per floor with private bathrooms and shared kitchen and utility room

 

Schedule of Accomodation:

 

     
GROUND DUPLEX APARTMENT  
Room Term Rental
     
VACANT VACANT Estimated £ 42,000 per annum
     
     
FIRST & SECOND FLOOR HMO  
     
Room Term Rental
     
Studio 1 Awaiting information  
Studio 2 12 Months from 30th September 2019 £7,280 per 6 months - £14,560 PA 
Studio 3 24 Months from 23rd February 2019 £1,126.67 pcm - £13,520.04 PA
Studio 4 12 Months from 1st September 2019 £1,213.33  - £14,559.96 PA
     
Total Gross Income:  £ 3,553.33   PCM  - £42,640 PA CURRENT + AWAITING INFORMATION
     

 

Location:

Situated on Agar grove within walking distance from Camden and King's Cross train stations. King’s Cross Station offers a major rail hub, with links to Europe and throughout the United Kingdom. In addition, you have access to six tube lines providing a gateway to all of London. Also only a short distance from Central London, surrounded by numerous amenities such as cafes, shops, schools, the Canopy markets, with trendy restaurants and walkways. The revamped Regent's Canal walk is a great place to relax, exercise and have a coffee.

 

Energy Performance Rating

See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

Energy Performance Rating

See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

 

 

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