Sold for £42,000

---

By Order of the Housing Association

A spacious 1 bedroom ground floor flat (698 sq ft) with rear yard. The property will benefit from refurbishment and is vacant.

---

Description/Location

There is potential to reconfigure the accommodation and create a 2 bedroom layout. We estimate the current rental value as a 1 bedroom unit is £450 pm.

Tenure

Leasehold: New 125 year lease from completion, peppercorn ground rent.
Energy Rating: C

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Front door to entrance hall, sitting room, kitchen, large bedroom, bathroom. Outside: Rear yard.

Rent

ERV: £5400 pa

View Larger Map

View larger map on Google Maps.

*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.