Guide price

£140,000

2 bed flat for sale
Flat 6 Highwood Court, 975 High Road, Finchley, London N12

    • 2 beds

  • EPC Rating: C

Auction
Leasehold
Added on 18/03/2026

About this property

    Guide Price = £140,000+

    **For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

    A First Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £19,800 Per Annum (Reflecting a Gross Initial Yield of 14%)

    Tenure
    Leasehold. The property is held on a 99 year lease from 13th June 1967 (thus approximately 40 years unexpired).

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

    Description
    The property comprises a first floor two bedroom flat situated within a mixed use block arranged over ground and two upper floors.

    Accommodation
    First Floor
    Reception Rooms
    Kitchen
    Two Bedrooms
    Bathroom

    Tenancy
    The property is subject to an Assured Shorthold Tenancy at a rent of £1,650 per calendar month.

    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
    C


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    Monthly repayment

    £700 per month

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