9 bed end terrace house for sale

Flats 1-9, 29 Truro Road, Wood Green, London N22

For sale by auction on Thursday, 24 Apr 2025 at 2.30pm

Venue: Live Stream

Freehold Property Arranged as 9 x Studio Flats - Producing £94,400 pa

An unusual opportunity to acquire this end of terrace freehold property, which has been converted into 9 x studio flats. The building is currently let to the Causeway Irish Housing Association.

*The Auctioneers have not been able to inspect the property internally - and therefore are unable to confirm the condition or layout of 29 Truro Road*

Situation

The property is located in the Wood Green area of North London, and is close to local shops and amenities. Wood Green underground station is just over half a mile from the proeprty.

Location Pin (What3Words): Flies.rating.jumps


Nb we draw your attention to the special conditions in the legal pack, referring to other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly

Rent

The 9 flats are let to the Causeway Irish Housing Association on a 4 year lease, expiring on the 30th April 2025, at a current rent of £94,404.96 per annum.

Tenure

Freehold

Lot Type
Freehold Residential Investment

Accommodation
Flat 1 - 18 sq.m.

Flat 2 - 14 sq.m.

Flat 3 - 16 sq.m.

Flat 4 -20 sq.m.

Flat 5 - 14 sq.m.

Flat 6 - 19 sq.m.

Flat 7 - 20 sq.m.

Flat 8 - 21 sq.m.

Flat 9 - 17 sq.m.

Total Floor Area - 159 sq.m.

Council Tax - Band A

EPC Rating

Flats 1,2,5,8 & 9 - D

Flats 3,4,7 - C

Flat 6 - tbc

Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.