Auction House London

Lot 218

Flat - Flats / Apartments 

8A Quilstyle Road

Wheatley Hill, Durham, County Durham, DH6 3RF

Withdrawn Prior.

A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £3,900 Per Annum

Description

The property comprises a ground floor studio flat situated within a semi detached building arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st January 2022 at a Peppercorn rent.

Accommodation

Ground Floor
Kitchen
Bedroom
Bathroom
Store Room

Exterior

The property benefits from communal gardens.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 3 years commencing 29th July 2022 at a rent of £75 per week. We have been advised by the seller that the tenant has been in occupation since 2019.

Current Rent Reserved

Current Rent Reserved £3,900 per annum

Note

Buyers are advised that an objection to the granting of the title to the flat has been lodged by the owner of No. 8 Quilstyle Road. This has been subsequently disputed by the previous owner. The land registry verdict is still pending. Both letters are in the legal pack. Buyers must form their own opinion as to the validity of the objection.

Addendum

Prospective buyers are advised that the owners of No 8 have objected to the granting of the lease for 8a to Land Registry. This objection has been disputed by the previous owner of 8a. A decision is still pending.

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 8A Quilstyle Road, Wheatley Hill, Durham, County Durham, DH6 3RF

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