A Residential Investment Producing £34,500 per annum

Description

Tenure

Freehold

Location

The property is situated in the South East London area of South Norwood a short walk from the shops and amenities of Selhurst Road. The open spaces of South Norwood Country Park are easily accessible. Transport links are provided by Norwood Junction rail station.

Description (2nd Column)

The property comprises a semi detached building currently arranged to provide three self-contained flats arranged over ground, first and second floors.

Note (2nd Column)

The garden is demised to the ground floor flat.

Viewing Details

Thursday 12th February 12:00-12:30
Thursday 19th February 12:00-12:30
Monday 23rd February 16:30-17:00

Addendum

Postponed to the 15th April auction

Accommodation & Tenancy Schedule

Property	Floor	Accommodation	Tenancy Details	Current Rent

Flat 1	Ground	Reception Room, Two Bedrooms, Kitchen, Bathroom with WC & wash basin	A new 12 month AST at a rent of £1,050 pcm	£12,600
Flat 2	First	Reception Room, Two Bedrooms, Kitchen, Bathroom with WC & wash basin	A new 12 month AST at a rent of £875 pcm	£10,500
Flat 3	Second	Reception Room with Open Plan Kitchen, Bedroom, Bathroom with WC & wash basin	A new 12 month AST at a rent of £950 pcm	£11,400

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 PDF Enquire Now Register to Bid

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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