Lot 9
    End of Terrace
    157 - 159 Blackshaw Road
    Tooting, London, SW17 0BU
    Sold for £723,000
     
    Number 1
    An End of Terrace House Arranged as a Three Self-Contained Flats (2 x Two Bedrooms & 1 x Three Bedroom) Fully Let Producing £55,800 per annum
    By Order of the LPA Receivers

    Description

    The property comprises an end of terrace house arranged over ground and first floors converted to provide three self-contained flats comprising 2x ground floor two bedroom garden flats and a first floor three bedroom flat.

    Tenure

    Freehold (including three Leasehold Titles)

    Location

    The property is situated in the South West London area of Tooting close to local shops and amenities. The open spaces of Wandle Meadow Nature Park are within easy reach Transport links are provided by Tooting Broadway underground station (Northern line).

    Current Rent Reserved

    Current Rent Reserved £55,800 per annum

    Note

    Neither Auction House London nor the Receivers have internally inspected the property, but understand from reports that the property provides: 3 x Self-contained Flats

    Addendum

    Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,200 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.The internal dimensions as previously listed have been removed as they cannot be confirmed.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Annual Rent
    157 Ground 2 bedroom flat Periodic Tenancy since 09/10/16 at £1,350 pcm £16,200
    157a Ground 2 bedroom flat 12 Month AST since 05/11/20 at £1,700 pcm £20,400
    159 First 3 bedroom flat 12 Month AST since 05/11/20 at £1,600 pcm £19,200
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    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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