Lot 69
    Flat
    123 Lawrie Park Gardens
    Sydenham, London, SE26 6HP
    Sold for £369,000.
     
    Number 1
    A Second Floor Five Bedroom Flat Being Used as an HMO Subject to a Tenancy Let at £34,200 Per Annum
    By Order of the LPA Receivers

    Description

    The property comprises a second floor five bedroom flat situated within a detached building arranged over ground and two upper floors.

    Tenure

    Leasehold. The property is held on a 125 year lease from 9th August 1999 (thus approximately 100 years unexpired).

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Crystal Palace Park are within easy reach. Transport links are provided by Sydenham overground and rail stations.

    Accommodation

    Second Floor
    Communal Reception Room with Open-Plan Kitchen
    Five Bedrooms (Two with En-Suites)
    Communal Bathroom

    GIA Approximately: 110 sq m (1,184 sq ft)

    Tenancy

    The Receivers are advised the property is an HMO and let to a rental company who sublet the property at £2,850 per calendar month on a 2 year lease from October 2023. Please refer to the legal pack for more information.

    Note

    The property has not been inspected by Auction House London. All information has been supplied by a valuation report supplied by the Receiver.

    EPC Rating

    E
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    Share this lot

    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

    Contact Our Property Experts