Studio for sale

Leconfield Road, London N5

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £250,000.

A wonderfully bright studio apartment positioned on a hugely popular, tree lined street in Highbury, N5. Standing close to 700 sqft, the property offers the perfect opportunity for someone to put their own stamp on it. Current accommodation comprises of a good-sized double bedroom to the front of the building, a modern shower room and a spacious eat in kitchen. Accessed via the kitchen is a wonderfully mature, east facing communal garden benefitting from a private shoffice. The lower ground, which is included within the properties lease is a large and very useful cellar that is used for storage.

Leconfield Road is located within a short distance of the open green spaces of Highbury Fields and the prestigious Highbury Barn. Clissold Park is found at the end of Petherton Road, with a lido, small zoo and playground it has something for everyone. It is also just moments from the fantastic restaurants, pubs and shops of the vibrant Stoke Newington Church Street. The property is not far from Canonbury Overground, taking you straight into the City, west, east and south London. Highbury and Islington tube (Victoria Line) and Arsenal tube (Piccadilly Line) are both close to the property as are numerous bus routes taking you to the City, London Bridge and Angel.

*Any associated charges including, but not limited to, service charge, ground rent and sinking funds outlined in the marketing material is an approximation calculated using information provided by and described by the client at the time of instruction. The actual cost may be subject to change and therefore we recommend all interested parties carry out their own enquiries.*

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.