Auction House London

Lot 38

 

145 & 147 Tollers Lane

Coulsdon, Surrey, CR5 1BJ

Sold for £82,000

A Freehold Reversionary Ground Rent Investment Secured Upon Two Self-Contained Flats Producing £60 per annum. One Flat has 39 Years Unexpired on the Lease. The Other Flat has 68 Years Unexpired on the Lease.

Description

The property comprises a ground rent investment secured upon two self-contained flats situated within a semi-detached building arranged over ground and first floors.

Location

The property is situated on a residential road in Coulsdon close to local shops and amenities. The open spaces of Coulsdon Common & Happy Valley Park are within easy reach. Transport links are provided by Coulsdon Town rail station.

Note (2nd Column)

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights.


Current Rent Reserved £60 per annum

Viewing Details

Please refer to us directly on: 020 7625 9007

Column 1 Column 2 Column 3
Property Lease Annual Rent
145 Tollers Lane
(Upper Maisonette)
99 years from 25/03/1957 (thus approximately 39 years unexpired) £10
147 Tollers Lane
(Lower Maisonette)
99 years from 25/03/1986 (thus approximately 68 years unexpired) £50

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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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