info@underthehammer.com4 Bedroom HMO, London, NW1 9UG
Agar Grove, London, UK
SOLD FOR
£720,000
Auction Ended
End: 04-02-2021 15:31:20
Fees Apply
- Share of Freehold
- 4 Bedrooms
- 4 Reception Room
- 4 Bathrooms
- HMO Licence
- Recently Refurbished
- Investment Property
- Share of Freehold
- 4 Bedrooms
- 4 Reception Room
- 4 Bathrooms
- HMO Licence
- Recently Refurbished
- Investment Property
31 AGAR GROVE, LONDON, GREATER LONDON NW1 9UG
Guide Price - £700,000+
A FIRST & SECOND FLOOR HMO MAISONETTE INVESTMENT PROPERTY
HMO VIRTUAL TOUR
Entrance & Communal Areas: CLICK HERE
Room 1 & 2: CLICK HERE
Room 3 & 4 CLICK HERE
Property Description
A recently refurbished 4 Bedroom Maisonette HMO Investment located over the first and second floor comprising of 4 en-suite bedrooms and 2 kitchens.
Particulars:
HMO investment situated across 2 floors (first & second floor) which makes a great investment opportunity. Containing 4 Bedrooms, 4 Bathrooms and 2 Kitchens
Floor 1: 2 studio rooms with onsuite bathrooms along with shared kitchen facilities.
Floor 2: 2 Studio rooms with onsuite bathrooms along with shared kitchen facilities.
TENANCY SHEDULE -
| Room | Rental | Term |
| Room 1 | £1,213PCM - £14,556 PA | Currently on a rolling periodic tenancy |
| Room 2 | VACANT | VACANT |
| Room 3 | £1,126.67 PCM - 13,520.04 | 24 Months from 23rd February 2019 |
| Room 4 | £1,040 PCM - £12,480 PA | 12 Months from 25th September 2020 |
| Total Gross Income: | £3,379.67 PCM - £40,556.04PA |
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.
We have been advised of the following lease information (please confirm with your legal representative)
Lease - 125 years lease, from year 2017
Ground Rent and Service Charge - peppercorn
Share of Freehold - The purchaser will be granted a share of the freehold.
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. If the property is currently occupied during the term of the auction but is to be sold with vacant possession, the auctioneer and selling agent take no responsibility if the property is not vacated on or before completion.
