This is an auction sale of a leasehold second-floor self-contained flat located in Monarch Court, East Finchley, London. The property features two bedrooms, a reception room, kitchen, bathroom, and separate WC, with two balconies and communal gardens. The flat is held on a lease for 125 years from January 1976, with an initial ground rent of £100 per annum, and is currently tenanted on an AST at a rent of £1,450 per month. The guide price is £17,400 per annum, and the property is being sold with a contract documentation fee of £1,500 (inclusive of VAT) payable to Barnard Marcus Auctions by the buyer. The seller may also charge additional fees payable upon completion, which are detailed in the Special Conditions of Sale.