Auction House London

Lot 9

 

43 Welham Road

Streatham, London, SW16 6QH

Withdrawn Prior to Auction.

A First Floor Two Bedroom Flat Subject to An Assured Tenancy Producing £12,720 per annum

By Order of the LPA Receivers

Description

The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 11th August 1972 (thus approximately 56 years unexpired).

Location

The property is situated in the South West London area of Streatham close to local shops and amenities. The open spaces of Tooting Bec Common are also within close proximity. Transport links are provided by Streatham rail station and Streatham Common rail station.

Tenancy

The property is subject to an Assured Tenancy for a term of 10 years commencing March 1996 at a rent of £1,060 per calendar month.

Accommodation (2nd Column)

Auction House London have not internally inspected the property, however we understand it to provide the following accommodation:
First Floor
Reception Room
Two Bedrooms
Kitchen
Bathroom with WC & wash basin

Viewing Details

There will no internal viewings due to lack of access.

Addendum

The tenancy income is £1,060 pcm (£12,720 per annum) and not as stated in the catalogue

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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Enquire about 43 Welham Road, Streatham, London, SW16 6QH

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