Lot 7
    Maisonette
    22 Ballow Close
    Camberwell, London, SE5 7SJ
    Sold for £293,000
     
    Number 1
    A Well Located First & Second Floor Three Bedroom Maisonette Subject to an Assured Shorthold Tenancy Producing £16,210.56 per annum

    Description

    The property comprises a first and second floor three bedroom maisonette situated within a purpose built building arranged over ground and three upper floors.

    Tenure

    Leasehold. The property is held on a 125 year lease from 20 November 1989 (thus approximately 97 years unexpired).

    Location

    The property is situated in the South East London area of Camberwell close to local shops and amenities. The open spaces of Burgess Park and Kennington Park are within easy reach. Transport links are provided by Denmark Hill and Peckham Rye overground stations.

    Exterior

    The property benefits from a balcony with large external storage room.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 6th August 2015 at a rent of £1,350.88 per calendar month (Holding Over).

    Accommodation (2nd Column)

    First Floor
    Reception Room
    Kitchen/Diner


    Second Floor
    Three Bedrooms
    Bathroom
    Separate WC and wash basin

    Viewing Details

    Open House Viewings:
    Monday 27th March 10:30-11:00
    Wednesday 29th March 10:30-11:00
    Monday 3rd April 10:30-11:00
    Wednesday 5th April 10:30-11:00
    Monday 10th April 10:30-11:00
    Wednesday 12th April 10:30-11:00

    Bold Black Text

    Current Rent Reserved £16,210.56 per annum

    Addendum

    For the avoidance of doubt this property is let on an AST currently holding over producing £16,210.56 per annum. Furthermore the property is arranged over first and second floors and does not benefit from a rear garden, but does have a balcony with an external storage room and not as originally described in the catalogue.
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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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