Yahoo Finance Detached flat in north London heading to auction — with three garages
A standalone flat straddling three garages is up for sale in north London.
The quirky but rundown property is situated between a three-storey block and a two-floor house on Stanley Road near Enfield Town Overground station.
After its previous owner died, the flat is heading to auction with a starting price of £144,000.
Strictly for cash buyers, the three-day process starting on Tuesday 19 September will see bidders compete over one package containing both freehold and leasehold titles to the home and its garages.
Although its squat shape, triple-aspect frontage and stripped-out interior evoke community hall vibes, the 1960s property has a domestic history. Once owned by the neighbouring house, it was a standalone home before falling into disuse and disrepair.
Accessed by outside steps, the flat features a 21 square metre almost-square living room alongside small kitchen and bathroom spaces.
It is in need of intensive refurbishment and modernisation, with images showing dated, damaged fixtures and fittings as well as mould and grime.
However, the trio of garages below represent quite an asset, as does the small area of driveway in front of them.
Parking spaces have become increasingly lucrative in the capital in recent years, while a two-bedroom home on Stanley Road sold for £325,000 earlier this year.
A spokesperson for Hammer Price Homes, which is leading the September auction for the flat and garages, said the "unusual" property had already generated enquiries.
A reserve price thought to be in the region of £170,000 will need to be met to trigger the sale.
Various unusual homes have hit the market recently. A north London flat smaller than many budget hotel rooms was listed for £100,000 .
