Auction House London

Lot 37

Flat - Flats / Apartments 

149 Balham Hill

Balham, London, SW12 9DJ

Sold for £752,000.

A Well Located Redevelopment Opportunity Comprising a Substantial End of Terrace Building Currently Arranged to Provide a Vacant Split Level Office Unit to the Ground and Lower Ground Floors and Three Self Contained Flats to the Upper Floors. The Flats are Sold Off. Flat 3 has 68 Years Unexpired on its Lease. Offered with Approved Permitted Development to Change from Office to Residential and Planning Permission to Convert the Existing Office into Three x One Bedroom Flats.

Description

Tenure

Freehold

Location

The property is situated in sought after South London area of Balham close to local shops and amenities. The open spaces of Clapham Common are within easy reach. Transport links are provided by Clapham South underground (Northern Line) and Balham rail stations.

Planning

Under permitted development permission has been granted to convert the existing property into three flats. Planning permission was also granted by Wandsworth Council on 22nd July 2015 (Ref: 2015/2761): "alterations to ground floor frontage along Dismore Road and basement extension."


Description (2nd Column)

The property comprises a lower ground and ground floor office unit situated within an end of terrace corner building arranged over lower ground, raised ground and three upper floors.
Current GIA - 1,173 sq ft
Proposed GIA - 1,600 sq ft (approx. 500 sq ft per flat plus communal areas)

Viewing Details

Tuesday 9th February 10:00-10:30
Thursday 11th February 10:00-10:30
Tuesday 16th February 10:00-10:30
Thursday 18th February 10:00-10:30

Addendum

The guide price has been reduced to £675,000+

Accomodation Schedule

Property Floor Accommodation
Office Ground & Lower Ground Open Plan Office, Storage Room, Kitchen, Two WCs & wash basins, Storage Room
Flat 1 First One bedroom flat - sold off on a long lease with 158 years unexpired
Flat 2 Second One bedroom flat - sold off on a long lease with 158 years unexpired
Flat 3 Third One bedroom flat - sold off on a 99 year lease from 01.01.1985 thus 68 years unexpired

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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