LOT 13 · RESIDENTIAL PROPERTY

5 Glebe Crescent, Hendon

London, NW4 1BT

A Semi Detached Freehold House Arranged as Five Studio Flats and a Further Self Contained Unit At The Rear Part Let Producing £47,400 Per Annum

Guide price£900,000+Plus fees

Property description

The property comprises of a semi-detached house arranged over ground, first and second floors. The property has been divided into five self contained studio flats and also a self contained unit at at the rear. Please refer to the legal pack for tenancies

Accommodation

Ground Floor
Two x 1 Self Contained Studio Flats

First Floor
Two X One self contained Studio Flats

Second Floor
One Self Contained Studio Flat

Rear Garden
One Self contained Unit at rear with Garden

Location

5 Glebe Crescent is situated in the sought-after residential area of Hendon, North West London, offering convenient access to the City and nearby attractions. The property is approximately 900 meters from Hendon Central Underground Station (Northern Line), providing direct connections to central London. Additionally, Brent Cross and Hendon stations are within 1.6 km and 1.7 km, respectively, offering further transport options. ​
Bricks and Logic

The area boasts a variety of local amenities, including shops, schools, and parks, contributing to a comfortable and well-connected living environment.

Exterior

Off Street Parking and Rear Garden

Addendum

There is an additional buyers premium of £3,500 plus VAT applicable on this lot. This is in addition to the buyers admin fee of £1,500 including VAT. Both fees are payable to the auctioneers.

Run the Numbers

Explore rental returns and monthly repayments for this property.

Your rental returns

Gross yield
5.3%
Net yield
5.3%
Annual income
£47,400

Net yield deducts your annual running costs, before tax and finance.

Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.

Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.

Additional Fees & Important Information — Swift Property Auctions

Buyer's Premium & Disbursements

Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.

Guide & Reserve Prices

Guide prices reflect the seller's minimum expectation at the time of listing. They are not valuations and may change prior to auction. All lots are offered subject to a Reserve Price, being the minimum the seller has authorised a sale at.

Administration Fee

A fee of £1,800 (including VAT) is payable on exchange, unless stated otherwise in the addendum.

Available Prices (Post-Auction)

Where a property remains unsold, an Available Price may be advertised. This reflects the seller's expectations post-auction and is subject to contract.

Reliance on Guide Prices

Swift Property Auctions and the seller accept no responsibility for any loss arising from reliance on Guide Prices. It is the bidder's responsibility to determine the level at which they wish to bid.

Fees, VAT & Additional Charges

Guide Prices exclude the buyer's fee, VAT (if applicable), and any seller's costs. These are detailed within the Special Conditions of Sale.

Accuracy & Property Condition

Particulars, images and measurements are for guidance only and may change. No warranty is given as to condition or structure. Buyers should make their own enquiries and obtain professional advice before bidding.

Withdrawn or Pre-Sold Lots

Neither Swift Property Auctions nor the seller will be liable for costs or losses relating to lots withdrawn or sold prior to auction.

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5 Glebe Crescent, Hendon, London, NW4 1BTLot reference 289482

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