Auction House London

Lot 36

Block of Apartments - Flats / Apartments 

24 Court Yard

Eltham, London, SE9 5PZ

£1,375,000+

Guide Price (plus fees)

A Freehold Building arranged as Three Self-Contained Flats Offered With Planning Permission for Conversion to Provide Seven Self-Contained Flats (3 x Two Bed & 4 x One Bed)

Description

The property comprises three self-contained flats (2 x two bedrooms & 1 x large one bedroom) situated within a detached building arranged over lower ground and three upper floors.

Tenure

Freehold

Location

The property is situated off the high street in the South East London area of Eltham close to local shops and amenities. The open spaces of Avery Hill Park are next to the property. Transport links are provided by Eltham & Mottingham rail station.

Accommodation

Lower Ground Floor
Basement Area

Ground Floor
Two Bedroom Flat

First Floor
Two Bedroom Flat

Second Floor
One Bedroom Flat

Exterior

The property benefits from a large off street parking area and a rear garden.

Planning

Greenwich Borough Council granted the following planning permission (ref: 18/3287/F) on 27th February 2019:

'Construction of a part 2/part 3-storey rear extension, including basement conversion and extension with front, side and rear light wells to facilitate the creation of 7 self-contained flats (4 new units).'

Proposed Accommodation

Lower Ground Floor
1 x Two Bedroom Flat (G.I.A 70 sq m / 753 sq ft)
1 x One Bedroom Flat (G.I.A 56 sq m / 602 sq ft)

Ground Floor
1 x Two Bedroom Flat (G.I.A 70 sq m / 753 sq ft)
1 x One Bedroom Flat (G.I.A 52 sq m / 559 sq ft)

First Floor
1 x Two Bedroom Flat (G.I.A 61 sq m / 656 sq ft)
1 x One Bedroom Flat (G.I.A 38 sq m / 409 sq ft)

Second Floor
1 x One Bedroom Flat (existing/unchanged)

Tenancy

Flat 3 (top floor flat) is subject to an Assured Shorthold Tenancy for a term of 12 months commencing June 2021 at a rent of £1,100 per calendar month (notice has been served).

Note

Building works commenced in December 2021 and a 5 day notice was submitted by London building control to confirm commencement of works

Addendum

Please note that this property is subject to a Buyers Premium of 0.25% +VAT of sale price. 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.

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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