Auction House London

Lot 66

End of Terrace - Houses 

127 Drakefield Road

Tooting, London, SW17 8RS

Sold for £1,000,000

A Well Located Freehold End of Terrace House Currently Arranged to Provide Two Flats and Two Units (3 x Two Bedrooms & 1 x One Bedroom). One of the Flats and Both Units are Let Producing £25,560 per annum.

By Order of the Executors

Description

Location

The property is situated in the popular South West London area of Tooting close to local shops and amenities. The open spaces of Tooting Bec Common & Tooting Bec Lido are within easy reach. Transport links are provided by Tooting Bec underground station.

Description (2nd Column)

The property comprises a four storey end of terrace house arranged as two flats and two units arranged over lower ground, ground and two upper floors.

Viewing Details

Open House Viewings:
Monday 3rd July 11:30 – 12:00
Wednesday 5th July 12:00 - 12:30
Thursday 6th July 12:00 - 12:30
Tuesday 11th July 12:00 - 12:30
Wednesday 12th July 12:00 - 12:30
Thursday 13th July 12:00 - 12:30
Tuesday 18th July 12:00 - 12:30

Bold Black Text

Current Rent Reserved £25,560 per annum

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Lower Ground Reception Room, Bedroom, Kitchen, Study, Bathroom with WC & wash basin. Vacant -
Ground Reception Room, Two Bedrooms, Kitchen, Bathroom with wash basin and a separate WC with access to the rear garden. Let on an Periodic Tenancy from 1st July 2015 at £880 pcm £10,560
First Reception Room, Two Bedrooms, Kitchen, Bathroom with WC & wash basin, Store Room Let on an Regulated Tenancy at £600 pcm £7,200
Second Reception Room, Two Bedrooms, Kitchen, Bathroom with wash basin and separate WC. Shared Access to with the First Floor Flat. Let on a Regulated Tenancy at £650 pcm £7,800

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.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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