Lot 67
    End of Terrace
    Building 1
    Flats A & B, The Old Stables, Braidwood Road, Lewisham, London, SE6 1QU
    Sold Prior to auction, for an undisclosed amount
     
    Number 1
    An End of Terrace Building Currently Arranged as Two Self-Contained Studio Units. Both Units are Subject to a Periodic Tenancy Producing a Combined Income of £19,622.64 per annum

    Description

    The property comprises an end of terrace building over ground and first floors currently arranged as two self contained studio units .

    Tenure

    Freehold

    Location

    The property is situated in the South East London area of Lewisham close to local shops and amenities. The open spaces of Ladywell Fields, Riverview Walk and River Pool Linear Park are all within easy reach. Transport links are provided by Catford rail station.

    Note

    Prospective buyers are advised that there is an enforcement notice on the building. Further details are available in the legal pack.

    Addendum

    Sold Prior For the avoidance of doubt, the building was converted from Class B8 Storage to use as two self-contained flats without the requisite permissions and an enforcement notice was issued in 2015. An appeal against this notice was dismissed by the Planning Inspectorate in 2016. We have been advised that the council is considering further prosecution action against the owner for non-compliance with the notice.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Annual Rent
    Flat A Ground Studio Room with Kitchen area, Shower room/WC Let on a 12 month Assured Shorthold Tenancy at £817.61 pcm from July 2014 £9,811.32
    Flat B First Studio Room with Kitchen area, Shower room W/C Let on a 12 month Assured Shorthold Tenancy at £817.61 pcm from July 2014 £9,811.32
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    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.

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