A Four Bedroom First Floor Flat. Offered with Vacant Possession.

Description

The property comprises a four bedroom first floor flat situated within a purpose built block arranged over ground and four upper floors.

Tenure

Leasehold. The property is held on a 99 year lease from 1992 (thus approximately 77 years unexpired).

Location

The property is situated in the south east London area of Peckham close to local shops and amenities. The open spaces of Peckham Rye commom are also within close proximity. Transport links are provided by Peckham Rye overground station.

Exterior

The property benefits from a parking space.

Accommodation (2nd Column)

First Floor
Reception Room
Four Bedrooms
Kitchen
Bathroom with WC and wash basin

Note (2nd Column)

We understand that one bedroom is currently let producing £13,752 per annum and that notice to vacate has been served by the vendor.

The LHA rates for a 4 bedroom flat in this postcode is £412.89 per week. Thus potential income of £21,470.28 per annum (source: https://lha-direct.voa.gov.uk/)

Viewing Details

Wednesday 28th May 12:00-12:30
Wednesday 4th June 12:00-12:30
Tuesday 10th June 14:00-14:30

Addendum

The property has not been internally inspected by Auction House London. Buyers are to rely on their own inspection and enquiries.

Additional Fees

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.

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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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