Guide price
£450,000
2 bed maisonette for saleBirley Road, London N20
2 beds
1 bath
1 reception
EPC Rating: D
- Auction
Pattinson - Auctions
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About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
Strong Rental Potential
Being Sold with the Freehold
Great Location
Summary
Two Bedroom Freehold Maisonette - Totteridge
Located in the heart of Totteridge/Barnet, this first-floor, purpose-built maisonette delivers an outstanding combination of space, convenience, and growth potential. The property offers full freehold ownership along with the highly advantageous leasehold of the ground-floor maisonettemaking it a rarity in today's market and exceptionally appealing to both homeowners and investors.
Upon entry, you'll discover two generously sized double bedrooms and a well-appointed lounge at the front of the property, bathing in natural light from multiple aspects. The layout flows into a well-proportioned four-piece bathroom, equipped with both a bath and separate shower for practical, everyday convenience.
The sizable kitchen opens directly onto a private balconyideal for summer living or an outdoor retreat. Additionally, the maisonette features a loft room with strong potential for extension (STPP), offering a valuable opportunity to expand the usable space and enhance long-term yield.
Set in this prime locale, the property sits within easy reach of sought-after amenitiesparks, shops, and schools are right at the doorstep. Crucially for renters and commuters, Totteridge & Whetstone Underground Station (Northern Line) is just a short walk away, enabling swift and easy access into central London.
Strong Rental Potential
Current leasing trends in Totteridge/Whetstone (N20) highlight robust demand for two-bedroom flats and maisonettes:
Rental listings consistently range from 1,900 to 2,300 per calendar month, equating to approximately 415-531 per week
The average rent in the wider N20 area hovers around 2,214 pcm.
Many similar two-bedroom rental propertiesparticularly those within walking distance of the stationare achieving rent within that same premium band.
With purchase prices in Totteridge typically commanding a strong value and the added advantage of both freehold and leasehold interest, this maisonette represents a reliable income opportunity. Buyers can anticipate solid monthly returns with the flexibility to enhance value further via loft conversion (subject to planning).
Council Tax Band: D
Tenure: Freehold
Length Of Lease: 62
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
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.
Auctioneers Additional Comments
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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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