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Auction 26 th September 2012 Commencing at 11am At the Holiday Inn, Brent Cross 0207 607 5001 or 07747 597019 [email protected]

September auction catalogue

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Page 1: September auction catalogue

Auction

26th September 2012

Commencing at 11am

At the Holiday Inn, Brent Cross

0207 607 5001

or

07747 597019

[email protected]

Page 2: September auction catalogue

Drivers & Norris Auction

26th September 2012

Commencing at 11am

At the Holiday Inn, Brent Cross

ORDER OF SALE

LOT Address

1 9-11 Lower Addiscombe Road, CRO 6AA

2 15 Tabley Road N7 0NB

3 32 Links Avenue, Hertford, SG13 7SR

4 32a and b Shelbourne Road, Tottenham, London N17 9YH

5 Plot Adjacent 32 Shelbourne Avenue, N17 9YH

6 33 Bruce Castle Road, London N17 8NL

7 149 Conway Road, Southgate, London, N14 7BA

8 69 Beresford Gardens, Enfield, EN1 1NW

9 70 Beresford Gardens, Enfield, EN1 1NW

10 Cucumber Barn, Cucumber Lane, Essendon, Hatfield, AL9 6JB

11 12 Wren Close, London , N9 8UJ

12 Flat 3, 9 Ivy Gardens, Crouch End, London, N8 9JE

13 165a Brecknock Road, Tufnell Park, N19 5AD

Page 3: September auction catalogue

9-11 Lower Addiscombe Road Guide Price £635,000 A freehold investment comprising four flats (2x 1 bedroom and 2 large studios) with two shops, one trading as a beauty

parlor and one trading as a car hire company. The vendor informs us that they are all fully let and currently producing

£51,960 pa. There is further development potential subject to the usual consents being obtained. Situated in a popular area

of South Croydon within easy reach of its mainline station (London within 25mins).

Offered freehold subject to the existing Shorthold agreements and Commercial leases.

Details – 9 - Shop let at £7,800 pa (rent review due Dec. 2013)

- 11 – Shop let at £8,400 pa (rent review due Dec. 2013)

Four flats: Separate entrance from 14 and 16 Freemasons Place.

2 double studios

Flat 1 let on Assured Shorthold at £8,160pa

Flat 2 let on Assured Shorthold at £8,280pa

Flat 3 let on Assured Shorthold at £9,490pa

Flat 4 let on Assured Shorthold at £8,640pa

Exterior: Large yard to rear with potential for development

Solicitor: Allen Barfields Solicitors, Woolwich House, 43 George Street, Croydon, CR9 1EY att Martin Fletcher Local Authority: London Borough of Croydon

Viewing: By appointment with auctioneers.

Lot Number 1

Freehold. 4 flats with two shops

Investment

Page 4: September auction catalogue

N4 4AU

FLATS.

15 Tabley Road N7 0NB Guide Price £675,000

A substantial freehold vacant house with accommodation arranged over four floors with separate entrance to

lower ground. The house is within walking distance of Holloway Road/Caledonian Road Underground Stations,

shops and multiple bus routes to The City and West End. The property is in need of updating.

Second floor: 2 rooms

First Floor: 2 rooms

Ground floor: 2 rooms kitchen area and bathroom

Separate entrance to Lower ground floor:

2 rooms

Kitchen

Shower area.

Exterior: Rear garden accessed from Lower ground

floor

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG, att . Paul Baker

Local Authority: London Borough of Islington

Viewing: By appointment with the Auctioneer.

Lot Number 2

Freehold Vacant 4 storey House

In need of Modernisation

Page 5: September auction catalogue

32 Links Avenue, Hertford, SG13 7SR Guide Price £99,000

A long leasehold 2nd floor one bedroom purpose built flat. The property comprises large lounge, double

bedroom, kitchen and bathroom. Situated on the edge of Hertford Town with its shopping and restaurant

facilities as well as Hertford North (King Cross) and Hertford East Stations (Liverpool Street) found close by.

Offered Leasehold with full vacant possession upon completion.

Second Floor, Lounge,

Bedroom,

Kitchen

Bathroom,

Long Lease

Solicitors: Curwens, College House, College Road, Cheshunt, EN10.

Local Authority: East Herts

Viewings: By appointment with the Auctioneer.

Lot Number 3

Leasehold Flat

Vacant

Page 6: September auction catalogue

32a & b Shelbourne Road, Tottenham, London N17 9YH Guide Price £280,000

Two leasehold self contained flats in one house (Freehold available) separately arranged as 1 x 1 bedroom and

1 x 2 bedroom. Both flats let on Assured Shorthold Agreements and our client informs us that they are currently

producing a total of £1,700 per month. Situated in a popular residential road within a short distance of transport

links to London and shopping facilities. NB. The freehold is available by separate negotiation. Offered subject to

contract and with the benefit of the existing letting agreements.

Both flats are offered subject to, and with the benefit of, existing shorthold tenancies

First floor flat: 2 Bedrooms

Reception room

Kitchen

Bathroom

Currently let and producing £900.00 per month

Ground floor flat: 1 Bedroom

Reception room

Kitchen

Bathroom

Access to garden

Currently let and producing £800.00 per month.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG att Paul Baker Local Authority: London Borough of Haringey

Viewing: by appointment with the Auctioneer.

Lot Number 4

Two Leasehold Flats

Investment

Page 7: September auction catalogue

Building Plot Adjacent to 32 Shelbourne Road, Tottenham, London Guide Price £80,000

A level building plot adjacent to an end of terrace house with planning consent to construct a new two bedroom

end of terrace house situated in a popular residential area within approximately 1 mile of Tottenham High Road

and local transport facilities.

Offered freehold with full vacant possession upon completion.

Any prospective bidder should make their own enquiries to the planning office.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG .Paul Baker Local Authority: London Borough of Haringey

Viewing by appointment with the Auctioneer.

Lot Number 5

Freehold Building plot

with Planning Consent

Page 8: September auction catalogue

33 Bruce Castle Road , London N17 8NL Guide Price £280,000

Two self contained flats (1 x 1 bedroom and 1 x 3 bedroom), converted from a mid-terrace Victorian house. Both

let on Assured Shorthold Agreements currently producing £1,750 per month. Situated in a sought after residential

location being a short distance to multiple shopping facilities and transport links.

Offered leasehold subject to and with the benefit of the existing letting Agreements.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG att: Paul Baker Local Authority: London Borough of Haringey

Viewing: By appointment with the Auctioneer.

Ground floor flat:

1 Bedroom

Reception room

Kitchen

Bathroom

Access to garden.

First floor flat:

3 Bedrooms

Reception room

Kitchen

Bathroom

Lot Number 6

Two Self Contained Flats

Investment

Page 9: September auction catalogue

149 Conway Road, Southgate, London, N14 7BA Guide Price £20,000

A freehold, ground rent investment secured on this two storey house. The property comprises two self-contained

flats situated in a sought after residential location being within 1.5 miles of Southgate Underground Station

(Piccadilly line).Offered freehold subject to the two leases.

Details:

Ground Floor Flat: Lease of 99 years from 14th

December 1973

Ground Rent: £25

First Floor Flat: Lease of 163 years from 29th

September 1973

Ground Rent: £ 150

Solicitors: David Lemco & Co., 22 Aldermans Hill, Palmers Green, London, N13 4PN att: D Lemco

Local Authority: London Borough of Enfield

Viewing: By Appointment with the Auctioneer

Lot Number 7

Freehold

Ground rent Investment

Page 10: September auction catalogue

69 Beresford Gardens Enfield, EN1 1NW Guide Price £130,000

A purpose built two bedroom second floor flat forming part of a sought after residential development within half

a mile of Enfield Town British Rail Station (Liverpool street) together with the multiple shopping facilities of the

Town Centre. The property was previously let producing £900.00 per month on an Assured Shorthold

Agreement.

Offered Leasehold with Vacant Possession

2 Bedrooms

Reception

Kitchen

Bathroom

Communal gardens.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG, Paul Baker Local Authority: London Borough of Enfield

Viewing: By Appointment with the Auctioneer

Lot Number 8

2 Bedroom Leasehold Flat

Vacant

Page 11: September auction catalogue

70 Beresford Gardens, Enfield, EN1 1NW Guide Price £130,000

A purpose built two bedroom second floor flat forming part of a sought after residential development within half

a mile of Enfield Town British Rail Station (Liverpool street) together with the multiple shopping facilities of the

Town Centre. The property is currently let and producing £900.00 per month on an Assured Shorthold

Agreement.

Offered subject to and with the benefit of the existing Assured Shorthold Tenancy producing £10,800 pa.

2 Bedrooms

Reception

Kitchen

Bathroom

Communal gardens.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405-407 Holloway Road, London, N7 6HG att Paul Baker Local Authority: London Borough of Enfield

Viewing: By Appointment with the Auctioneer

Lot Number 9

2 Bedroom Leasehold Flat

Investment

Page 12: September auction catalogue

(Artist impression)

Cucumber Barn Cucumber Lane, Essendon, Hatfield, AL9 6JB Guide Price : £185,000

A detached barn with direct access from Cucumber Lane. The property has planning consent to renovate and

convert to provide a residential dwelling it is currently constructed of timber frame and cladding under a slate

roof. Situated in a sought after rural location being within one mile of Essendon Village and approximately three

miles from Brookmans Park Mainline Station (Moorgate Line).

Offered Freehold with full vacant possession upon completion.

Details:

621 sq ft

Solicitors: Messrs Simkins Solicitors, 21 High Street, Baldock, Hertfordshire, Mr P Simkins

.Local authority: Planning consent has been granted by Welwyn Hatfield Council for conversion into a

residential unit.

Viewing: By appointment with Auctioneers.

Lot Number 10

Freehold Vacant Barn

With Planning Consent

Page 13: September auction catalogue

12 Wren Close London , N9 8UJ Guide Price £135,000

A purpose built first floor, two bedroom flat situated in a popular cul-de-sac development. The property is within

1 mile approximately of Edmonton Green Shopping Centre and Edmonton Green BR. Mainline Station

(Liverpool Street). The property is currently let on an Assured Shorthold Agreement producing £900.00 per

month.

Details:

2 Bedrooms

Reception room

Kitchen

Bathroom

Communal Gardens.

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG att: Paul Baker

Local Authority: London Borough of Enfield

Viewing: By Appointment with the Auctioneer

Lot Number 11

Leasehold Flat

Investment

Page 14: September auction catalogue

Flat 3, 9 Ivy Gardens, crouch End, London N8 9JE Guide Price £ 235,000

A top floor Victorian converted one bedroom flat which has been recently updated. Situated in a quiet cul-de-sac

within the immediate vicinity of Crouch End Broadway main shopping area and various bus routes ideal for

owner occupation or buy to rent investment. Offered vacant with share of the Freehold.

Details:

1 Bedroom

Reception room

Kitchen

Bathroom

Solicitor: - Albon Gould, Baker & Co. Solicitors, 405/407 Holloway Road, London, N7 6HG att: Paul Baker

Local Authority: London Borough of Haringey

Viewing: By Appointment with the Auctioneer

Share of Freehold

Vacant Flat Lot Number 12

Page 15: September auction catalogue

red lines are for indication only

165a Brecknock Road, Tufnell Park, N19 Guide Price £ 350,000

Freehold Development site with planning consent to construct a residential dwelling of approx 1750sqft. Situated

in the sought after residential area of Tufnell Park, it is within ¼ mile of Tufnell Park Underground Station. We

understand that construction has commenced with some ground works having been completed.

Solicitor: Warner Goodman Solicitors, Colman House 2-4 Landport Terrace Portsmouth PO1 2RG , att Elisabeth Bryson

Local Authority: London Borough of Islington

Viewing: By Appointment with the Auctioneer

Freehold

Development Site Lot Number 13

Page 16: September auction catalogue

GOT A PROBLEM PROPERTY?

NEED AN INSTANT SALE?

WE CONSIDER ALL PROPERTY!

DERELICT PROPERTY

SHORT LEASES OR LEGAL PROBLEMS,

TENANTED AND PART TENANTED FLATS/HOUSES

COMMERCIAL AND INDUSTRIAL FREEHOLDS

FREEHOLD GROUND RENTS AND INVESTMENTS PORTFOLIOS

RESIDENTIAL AND COMMERCIAL LAND

WITH OR WITHOUT PLANNING CONSENT

WE ARE TAKING ON INSTRUCTIONS NOW FOR THE NEXT AUCTION! JOINT

AGENCIES WELCOMED

FOR A FREE APPRAISAL PHONE

THE AUCTION TEAM TODAY IN STRICT CONFIDENCE

020 7607 5001

drivers.co.uk

[email protected]