Property description

**For Sale by Auction on Feb 27th**

A Freehold Detached Purpose Built Block of Thirteen Self Contained Flats. All Flats are Let Producing a Combined Income of £159,516 per annum

Guide Price = £3,300,000+

Tenure
Freehold

Location
The property is situated in the heart of New Barnet close to the local shops and amenities of East Barnet Road. Transport links are provided by New Barnet rail station which is just a short walk away.

Description
The property comprises a modern detached purpose built block arranged over ground and three upper floors. Internally the property is arranged to provide thirteen self- contained flats. Each flat has two bathrooms and a door entry phone system. In addition, the property benefits from a lift and a secure underground car park.

Accommodation & Tenancy Details

Flat 1 - Ground Floor Two Bedroom Flat
Periodic Tenancy from 01.12.07 at a rent of £940 pcm (£11,280 pa)

Flat 2 - Ground Floor Two Bedroom Flat
12 month AST expiring on 11.02.15 at a rent of £1,100 pcm (£13,200 pa)

Flat 3 - Ground Floor Two Bedroom Flat
12 month AST expiring on 30.10.14 at a rent of £950 pcm (£11,400 pa)

Flat 4 - Ground Floor Two Bedroom Flat
12 month AST expiring on 08.02.14 at a rent of £1,083 pcm (£12,996 pa)

Flat 5 - First Floor Two Bedroom Flat
12 month AST expiring on 04.04.14 at a rent of £980 pcm (£11,760 pa)

Flat 6 - First Floor Two Bedroom Flat
12 month AST expiring on 13.11.14 at a rent of £980 pcm (£11,760 pa)

Flat 7 - First Floor Two Bedroom Flat
12 month AST expiring on 05.04.14 at a rent of £1,050 pcm (£12,600 pa)

Flat 8 - First Floor Two Bedroom Flat
12 month AST expiring on 11.10.14 at a rent of £980 pcm (£11,760 pa)

Flat 9 - Second Floor Two Bedroom Flat
Periodic Tenancy from 12.10.07 at a rent of £910 pcm (£10,920 pa)

Flat 10 - Second Floor Two Bedroom Flat
12 month AST expiring on 24.09.14 at a rent of £1,000 pcm (£12,000 pa)

Flat 11 - Second Floor Two Bedroom Flat
Periodic Tenancy from 29.06.07 at a rent of £970 pcm (£11,640 pa)

Flat 12 - Second Floor Two Bedroom Flat
12 month AST expiring on 11.10.14 at a rent of £1,000 pcm (£12,000 pa)

Flat 13 - Third Floor Three Bedroom Flat
12 month AST expiring on 14.05.14 at a rent of £1,350 pcm (£16,200 pa)