Auction House London

Lot 34

Block of Apartments - Flats / Apartments 

54 Chestnut Rise

Plumstead, London, SE18 1RL

Sold after auction for an undisclosed amount

A Freehold Mid Terrace Building Arranged to Provide Six Self-Contained Flats (3 x Studio and 3 x One Bedroom) Fully Let Producing a Combined Rental Income of £70,800 Per Annum


The property comprises a mid terrace building over lower ground and two upper floors internally arranged as six self contained flats.


The property is situated on a residential road close to local shops and amenities. The open spaces of Winns Common Adventure Playground are within easy reach. Transport links are provided by Plumstead rail station.


The property benefits from front and rear gardens.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Flat 1 Basement Reception, Bedroom, Kitchen & Bathroom 12 Month AST £12,000
Flat 2 Basement Studio Room, Kitchen & Bathroom 12 Month AST £11,400
Flat 3 Ground Reception, Bedroom, Kitchen & Bathroom 12 Month AST £12,000
Flat 4 Ground Studio Room, Kitchen & Bathroom 12 Month AST £10,800
Flat 5 First Reception, Bedroom, Kitchen & Bathroom 12 Month AST £13,200
Flat 6 First Studio Room, Kitchen & Bathroom 12 Month AST £11,400


Additional Fees and Disclaimer

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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. 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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