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Lot - Flat 10 Holland House, 42 Newington Green, London, N16 9PQ

Guide Price* £325,000

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Property Type
Flat
Tenure
Leasehold
Type
Residential
Bedrooms
2
Bidder Security Deposit
£3,500*

Property Summary

  • On the instructions of the Joint Fixed Charge Receivers
  • Long leasehold second floor flat
  • Two bedrooms, balcony, lift access and secure gated parking
  • Includes designated car parking space
  • 56.00 sq m (602 sq ft)
  • Producing £31,200 per annum

Long leasehold second floor purpose-built two bedroom flat with balcony set within a modern development. Let on a periodic tenancy producing £31,200 per annum

Description

The property comprises a well presented two bedroom, second floor flat of approximately 56.00 sq m (602 sq ft) situated within a purpose-built development. Internally, the property comprises an entrance hallway, open plan living area with access to the balcony, kitchen with integrated appliances, two double bedrooms and a bathroom/WC.

Access is provided via a secure entry-fob system, whilst there is lift access to the flat and secure gated parking and there is one designated car parking space.

Location

The property is situated on the north side of Newington Green adjacent to Albion Road.

Newington Green is a vibrant and sought-after neighbourhood well known for its village atmosphere, offering a mix of eclectic shops, pubs and eateries. The popular Stoke Newington Church Street is also a short distance away, alongside the green spaces of Clissold Park.
Plenty of transport links serve the area, with the closest stations being Canonbury Overground, providing direct access to Liverpool Street and Stratford. Several bus routes provide access to Islington, Kings Cross and Central London.

Accommodation

Second Floor
Open plan living room and kitchen, two bedrooms, bathroom/WC

External
Balcony, designated car parking space

Tenancy

The property is let on a periodic tenancy to three individuals from 11/04/2026 at a rent of £31,200 per annum

Lease Details

Leasehold. Held on a long lease for a term of 125 years from 24/06/1999 at a ground rent of £500 per annum

EPC Rating

B

Council Tax Band

D

VAT

We are informed VAT is not payable

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). 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 Price (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 Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £2,400 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,900 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £2,400 (inc. VAT).

Please note that Lots may be sold or withdrawn prior to auction.

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All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of SW Property Auctions or the seller.

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Oliver Childs
07732 681 150
Sanderson Weatherall LLP,
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EC1A 7BL

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Susan Braddick
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