03455 120 115 8AM - 10PM

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.

Online auction

4 Bedroom HMO, London, NW1 9UG

Agar Grove, London, UK

SOLD FOR

£720,000

Auction Ended

End: 04-02-2021 15:31:20

Please login to continue with placing your bid.

Click here to login

Confirmation

Confirm your bid of: £725,000

Confirmation

Confirm your bid of: £730,000

Confirmation

Confirm your bid of: £735,000

Confirmation

Confirm your bid of: £745,000

OR

Confirmation

Confirm your bid of:

(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.
  • Share of Freehold
  • 4 Bedrooms
  • 4 Reception Room
  • 4 Bathrooms
  • HMO Licence
  • Recently Refurbished
  • Investment Property
Royal Estates Nationwide
0121 429 2030

Head Office, 464 Bearwood Road, Birmingham, B66 4HA

  • Share of Freehold
  • 4 Bedrooms
  • 4 Reception Room
  • 4 Bathrooms
  • HMO Licence
  • Recently Refurbished
  • Investment Property
Royal Estates Nationwide
0121 429 2030

Head Office, 464 Bearwood Road, Birmingham, B66 4HA

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.

× Grand modal