Studio for sale

Fellows Road, Belsize Park, London NW3

Investor Opportunity – Spacious Studio Flat, Fellows Road NW3.

Please note - Lease Term 125 years from 24 June 1981 (81 yrs remaining)

An excellent investment opportunity to acquire a well-proportioned fourth floor with lift access (397 sq.ft / 36 Sq.m) studio flat in Duncan House, Fellows Road NW3, offered at a competitive guide price of £230,000.

Well located between Chalk Farm, Belsize Park and Swiss Cottage tube station all within 0.8 mile and within walking distance to Primrose Hill and Englands Lane. This flat represents a rare oppurtunity to secure this property in one of North West London’s most desirable postcodes at an accessible entry price.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

Additional Information

Council Tax Band: C
Tenure: Leasehold

Lease length remaining: 81 years remaining
Service charge: Approx: £3,000 per annum (includes water and sinking fund)
Ground Rent: Approx: £100 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.