2 bed flat for sale

56B Ballards Lane, Finchley, London N3

Sold for £157,000. Guide Price = £145,000+

**For Sale By Public Auction 6th August 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Second Floor Two Bedroom Flat

6 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 10th August 1984 (thus approximately 58 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Finchley Central underground station (Northern line) and New Southgate rail station.

Description
The property comprises a second floor two bedroom flat situated within a mixed use parade arranging over ground and two upper floors.

Accommodation
Second Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from a private balcony.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D


Viewing Schedule (No Booking Required)

Wednesday 23 July 2025 11:30 am - 12:00
Friday 25 July 2025 11:30 am - 12:00
Tuesday 29 July 2025 11:30 am - 12:00
Thursday 31 July 2025 11:30 am - 12:00
Saturday 2 August 2025 11:00 am - 11:30
Monday 4 August 2025 11:30 am - 12:00