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75 Welbeck Road, Barnet, EN4 8RY 2 bed maisonette for sale
75 Welbeck Road, Barnet, EN4 8RY
£230,000
75 Welbeck Road, Barnet, EN4 8RY
£230,000
Our Summary
- LOT 73 *FOR SALE BY ONLINE AUCTION* on 1st July 2025In Same Ownership for Approximately 39 YearsLeasehold Maisonette Vacant PossessionSituated off Cranbrook Road, close to local shopping/travelling facilities available in East Barnet Village including Oakleigh Park Train Station
- A Self-Contained First Floor Maisonette requiring modernisation with accommodation comprising: Entrance Hall Living Room Kitchen Bedroom (One) Bedroom (Two) Bathroom/WCShared Garden at RearLeasehold for a term of 99 years from 25th December 1969 (thus having approximately 43 years unexpired) at a ground rent of £10 per annum
- Although the new reform hasn't been fully approved yet, there are strong indications that it will be passed in the near future, we as an Auction CANNOT confirm nor would we accept any liability if this wasn't to be enacted
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (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
- Guide prices will be continually updated on our website up until the day of the auction
Description
A vacant leasehold maisonette is being sold by online auction on July 1st, 2025. The property has been in the same ownership for approximately 39 years and is located off Cranbrook Road in East Barnet Village, near Oakleigh Park Train Station and Oak Hill Park. The maisonette requires modernization and has three bedrooms, a bathroom, kitchen, and living room. The property has a 99-year lease from 1969, with approximately 43 years remaining, and a ground rent of £10 per annum. Note that the Leasehold Reform Act 2024 may affect the cost of extending the lease, but this has not been fully approved and is subject to change. The property is being sold with vacant possession and has a guide price of £[insert price]. A buyer's fee of £1,200 (or £300 for lots under £10,000) is payable to McHugh & Co, and the seller may charge additional fees upon completion.