Auction House London

Lot 16

Maisonette - Flats / Apartments 

77B Arbuthnot Road

New Cross Gate, London, SE14 5NP

Sold for £500,000

A Lower Ground & Ground Floor Two Bedroom Maisonette Subject to a Three Year Tenancy Producing £33,000 per annum.

By Order of the LPA Receivers

Description

The property comprises a lower ground and rear ground floor two bedroom maisonette situated within a mid terrace building arranged over lower ground and two upper floors. The property benefits from its own front door and requires modernisation.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st January 2005.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of New Cross Gate Cutting are within easy reach. Transport links are provided by New Cross Gate overground and rail stations.

Accommodation

Lower Ground Floor
Hallway
Reception Room
Bedroom
Kitchen
Separate WC

Ground Floor
Bedroom
Bathroom with WC & wash basin

GIA 1,571 sq ft (taken from EPC)

Exterior

The property benefits from sole use of the rear garden

Tenancy

The property is subject to a rental lease for a term of 3 years commencing 15th January 2019 at a rent of £2,750 per calendar month. We understand that each room is let to 3 different occupiers.

Note

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Addendum

Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,200 inc VAT. Both fees are payable to the auctioneers.

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 PDFView VideoEnquire Now
Viewings by Appointment Only - Video Walkthrough Available For further information, please register for the legal pack. For all enquiries, please contact Andrew Binstock on andrew@auctionhouselondon.co.uk *Viewing times below* Monday 27th July - CANCELLED
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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