Auction House London

Lot 2

Apartment - Flats / Apartments 

93B Sydenham Road

Sydenham, London, SE26 5EZ

Sold for £248,000

A Second Floor Five Bedroom Flat Subject to Multiple Tenancies Producing a Combined Rent of £25,920 (equivalent) per annum

Description

The property comprises a second floor five bedroom flat situated within a mid-terrace converted period building arranged over ground and three upper floors. G.I.A 90 Sq M / 965 Sq Ft

Tenure

Leasehold. The property is held on a 125 year lease from January 2004 (thus approximately 110 years unexpired).

Location

The property is situated in the South East London area of Lower Sydenham amongst the shops and restaurants of Sydenham Road. Transport links are provided by Sydenham overground station.

Accommodation

Second Floor
Reception with open plan Kitchen
Five Bedrooms
Shower Room with wash basin
separate WC with wash basin

Tenancy

The property is subject to multiple tenancies producing a combined rent of £2,160 per calendar month (equivalent). Please refer to the tenancy agreements within the legal pack.

Current Rent Reserved

Current Rent Reserved £26,256 per annum

Addendum

The Seller has informed Auction House London that the property is subject to five separate tenancies producing a combined rent of £2,160 per calendar month. Please refer to the tenancy agreements within the legal pack for further information. Buyers are advised that the vendor has informed us that there is no HMO license and the buyer will have to apply for one or let the property on a single tenancy.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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Due to government guidelines, we will not be hosting Open House Viewings For a video walk-through please click view video and for further information please register for the legal pack.
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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