The Market Place, Falloden Way, Hampstead Garden Suburb, NW11

A spacious and bright, two bedroom first floor apartment situated in this popular location within Hampstead Garden Suburb. The property is well proportioned with good sized rooms and a South-West facing balcony to the rear. The apartment comprises of a reception room, separate kitchen, both with doors to the rear balcony, two bedrooms, and a bathroom. Although requiring updating the layout offers ample potential to create a comfortable and attractive home, and benefits from good storage space.

The amenities of Market Place are literally on the doorstep whilst the open spaces of Lyttelton Playing Fields and Northway Gardens are close by. The location also benefits from being walking distance to East Finchley Station (Northern Line - Zone 3), seamless integration with public transport networks, making it easy to commute to the city centre. Moreover, its advantageous location adjacent to the A1 offers straightforward routes for local and extended travel.

The apartment has a 60 year lease, and would benefit from some modernisation, so makes for the ideal investment opportunity. Please get in touch to organise a viewing and not miss out on this fantastic opportunity.

Service Charge: £500

Ground Rent: £150

Lease Length: 60 years

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.