Auction House London

Lot 16

 

213 Walworth Road

Elephant & Castle, London, SE17 1RL

Sold for £459,500.

A Ground Floor Lock Up Shop Producing £24,000 per annum and a Vacant Two Bedroom First & Second Floor Maisonette

Description

Tenure

Freehold

Location

Walworth Road is an established parade in the South East London area of Elephant & Castle. Nearby multiples include Paddy Power, KFC and McDonalds. Transport links are provided by Elephant & Castle underground station (Northern & Bakerloo line) and Elephant & Castle rail station.

Description (2nd Column)

The property comprises a ground floor shop with a two bedroom first and second floor maisonette situated within a mid-terraced building arranged over ground and two upper floors.

Note (2nd Column)

The LHA rates for a 2 bedroom flat in this postcode is £255.09 per week. So this flat could potentially be let out at £13,264.68 per annum (source: https://lha-direct.voa.gov.uk/)

Viewing Details

Friday 5th September 11:00-11:30
Tuesday 9th September 14:00-14:30
Friday 12th September 11:00-11:30

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground Shop Area, Kitchen, Seating Area, WC Let on a Lease for a term of 5 years from 13/08/14 to Samuel Atta-Mensah t/a Jato Krom at a rent of £6,000 per quarter. £24,000
Maisonette First
Second
Two Bedrooms, Kitchen
Two Reception Rooms, Two Bathrooms, Separate WC with wash basin
Vacant. ERV £13,264.68 per annum

Additional Fees

Administration charge: £1,200 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.

View Details as PDFEnquire Now
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

Share this lot

Similar Properties

Lot 1

48 Hicks Avenue Greenford, Middlesex, UB6 8EY

*Sold Prior to auction, for an undisclosed amount.

Lot 2

Flat 9 Dinerman Court 38-42 Boundary Road, St Johns Wood, London, NW8 0HQ

*£550,000+

Lot 3

18 Langdale Road Thornton Heath, Surrey, CR7 7PP

*Sold for £65,500.

Enquire about 213 Walworth Road, Elephant & Castle, London, SE17 1RL

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2021 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos