A Two Bedroom Second Floor Flat subject to an Assured Shorthold Tenancy Producing £12,000 per annum

Description

The property comprises a two bedroom second floor flat situated within a purpose built block arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 99 lease from 24th December 1974 (thus approximately 59 years unexpired).

Location

The property is situated in the South West London area of Streatham Hill within walking distance of the shops and restaurants of Streatham High Road. The open spaces of Tooting Bec Common are also within close proximity. Transport links are provided by Clapham South underground station (Northern line) and Streatham Hill rail station.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing on 1st September 2013 producing £1,000 per calendar month.

Accommodation (2nd Column)

Second Floor
Reception Room
Two Bedrooms
Kitchen
Bathroom with WC & wash basin

Note (2nd Column)

We understand the vendor has served a Section 42 Notice under the Leasehold Reform, Housing and Urban Development Act 1993 to extend the lease.

Viewing Details

Monday 2nd June 11:00-11:30
Monday 9th June 16:00-16:30

Bold Black Text

Current Rent Reserved £12,000 per annum

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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