Auction House London

Lot 45

Residential Development - Commercial Property 

Basement at 50 Highclere Street

Sydenham, London, SE26 4EU

Sold for £7,000

A Residential Development Opportunity (Subject to obtaining all necessary consents).

Description

The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a new 125 year lease.

Location

The property is situated on a residential road within walking distance of the shops and restaurants located on Sydenham Road. The open spaces of Meadow Park are within easy reach. Transport links are provided by Sydenham rail and overground stations.

Accommodation

The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents).

Note

We have been advised that the sale will include freeholder's consent for any work at nil premium. Prospective buyers are advised to check the legal pack for further details.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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. For all enquiries, please contact Andrew Binstock at andrew@auctionhouselondon.co.uk
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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*Please refer to auctioneer for more information

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