Lot 28
385 New Cross Road
New Cross, London, SE14 6LA
Sold for £349,000.
A Residential & Commercial Investment Producing £26,580 per annum
Description
Tenure
Freehold
Location
The property is situated on an established parade in the heart of New Cross. The open spaces of Fordham Park are within easy reach. Transport links are provided by New Cross overground and rail station.
Description (2nd Column)
The property comprises a basement and ground floor office with two self contained one bedroom flats above situated within an end of terrace building arranged over basement, ground and two upper floors.
Viewing Details
Tuesday 2nd September 12:00-12:30
Tuesday 9th September 12:00-12:30
Thursday 11th September 12:00-12:30
Monday 15th September 13:30-14:00
Tuesday 9th September 12:00-12:30
Thursday 11th September 12:00-12:30
Monday 15th September 13:30-14:00
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Terms of Tenancy | Current Annual Income |
|---|---|---|---|---|
| Office | Basement Ground |
Two Rooms, Kitchenette Room, Separate WC & wash basin |
10 Year FRI Lease from 1 July 2014 | £7,500 |
| Flat 1 | First | Reception Room with Open Plan Kitchen, Bedroom, Bathroom, Separate WC & wash basin | Let on an AST (holding over) at a rent of £750 pcm | £9,000 |
| Flat 2 | Second | Reception Room with Open Plan Kitchen, Bedroom, Bathroom, Separate WC & wash basin | Let on a 12 month AST from 29/11/13 at a rent of £840 pcm | £10,080 |
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
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Enquire about 385 New Cross Road, New Cross, London, SE14 6LA
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