Lot 183 - This lot is for sale by auction as lot 183 on Thursday 28th March 2019.
A Leasehold Self-Contained Purpose Built Second Floor Flat subject to an Assured Shorthold TenancyCurrent Gross Rent Reserved£9,600 per annum (equivalent)By order of receiversTenureLeasehold. The property is held on a lease for a term of 125 years from 6th November 1989 (thus having approximately 95 years unexpired) at a current ground rent of £10 per annum.
LocationThe property is located on the west side of Jarrett Close, a cul-de-sac leading off Abbess Close, which leads off Tulse Hill (A204). Local shops and amenities are available along Norwood Road, with the more extensive facilities of Brixton being accessible to the north. Herne Hill Rail Station is to the south-east, providing frequent direct services to Central London. Bus routes run along Tulse Hill (A204) and the nearby South Circular Road (A205) provides direct access to the A23 and the A20. The open spaces of Brockwell Park are within easy reach to the north.
DescriptionThe property comprises a self-contained second floor flat situated within a purpose built block arranged over ground and two upper floors.
AccommodationThe property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides:Second Floor – Three Rooms, Kitchen, Bathroom/WCTenancyThe property is subject to an Assured Shorthold Tenancy for a term of 12 months from 1st April 2018 at a current rent of £800 per calendar month.
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction. Continued...
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