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86

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86

86-90 Mayes Road, Wood Green, N22 6SY
£25,000

Our Summary

  • LOT 89 *FOR SALE BY ONLINE AUCTION* on 17th September 2025In Same Ownership for Approximately 35 YearsFreehold Ground Rents and Vacant Parking Space Located on Mayes Road, close to local shopping/travelling facilities including Wood Green Tube Station (Piccadilly Line) and Alexandra Palace Train Station
  • 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
  • Guide prices will be continually updated on our website up until the day of the auction

Description

This property is a freehold ground rents and vacant parking space located on Mayes Road, near Wood Green Tube Station and Alexandra Palace Train Station. The property has been in the same ownership for approximately 35 years and is being sold by online auction on September 17th, 2025. The ground rents are derived from nine self-contained flats, each on a lease with varying terms, including peppercorn ground rents and annual ground rents that increase every 25 years. The property also includes a valuable reversion in approximately 60 years. The guide price for the property is not specified, but the buyer will be required to pay a fee of £1,200 incl. VAT for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000. The seller may also charge additional fees payable upon completion.