Sold

GUIDE PRICE £130,000+

16 Somerset Gardens

London, SW16 4UZ

Lot 2

A spacious duplex maisonette (943 sq ft) with 2 double bedrooms in a cul de sac location - vacant

Description/Location

The property requires modernisation throughout. It may be possible to partition the main bedroom and create a 3 bedroom layout. Norbury station approx. 0.6 miles and Thornton Heath station approx. 0.9 miles.

Tenure

Leasehold
Lease term 99 years from 24/03/1955
EPC rating C
A Section 42 Notice pursuant to Chapter II of Part I of Leasehold Reform, Housing and Urban Development Act 1993 has been prepared in respect of a grant of a new lease of the Property (“Notice of Claim”). The Buyer shall have the right to opt for service of the Section 42 notice post-auction prior to completion. The Buyer is to reimburse the Seller for any expenses incurred in the preparation and service of the Section 42 notice. - see auction legal pack for full details.

Local Authority

London Borough of Croydon

Viewing

Please contact James Alexander Network Auctions on 020 8679 8601.

Accommodation

Ground Floor: Front door to entrance hall, store cupboards, stairs to first floor. First Floor: Landing with stairs to second floor, siting room with balcony, kitchen / dining room. Second Floor: Landing, 2 bedrooms, bathroom.

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*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.