Auction House London

Lot 40

 

86-88 Richmond Road

Kingston upon Thames, Kingston upon Thames, KT2 5EN

Sold for £60,000

A Freehold Ground Rent Investment Secured Upon an End of Terrace Building Arranged as Six Self-Contained Flats (All Sold Off) Producing £1,500 per annum.

Description

The property comprises an end of terrace building arranged over ground and two upper floors internally arranged to provide six self contained flats (all sold off).

Tenure

Freehold

Location

The property is situated on a local high street close to local shops and amenities. The open space of Elm Road Park is within easy reach. Transport links are provided by Kingston rail station.

Note

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights.

Accommodation Schedule

Property Floor Accommodation Lease Annual Ground Rent
Flat 1 Ground Not Inspected 125 years from 1st January 2020 £250
Flat 2 Ground Not Inspected 125 years from 1st January 2020 £250
Flat 3 Ground Not Inspected 125 years from 1st January 2020 £250
Flat 4 First Not Inspected 125 years from 1st January 2020 £250
Flat 5 First Not Inspected 125 years from 1st January 2020 £250
Flat 6 First Not Inspected 125 years from 1st January 2020 £250

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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

View Details as PDFEnquire NowFinance Available
There are no internal viewings
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

Share this lot

Similar Properties

Lot 123

Land at King Street Broseley Wood, Broseley, Shropshire, TF12 5PS

*Sold for £4,000

Enquire about 86-88 Richmond Road, Kingston upon Thames, Kingston upon Thames, KT2 5EN

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2022 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos