2 bedroom ground floor flat with a new 125 year lease.

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Description/Location

This 2 bedroom ground floor flat is let on an Assured Shorthold Tenancy for a term of 6 months from 17/01/2024. Rent £795 p.cm. Total floor area 463 sq/ft (source EPC).

Tenure

Leasehold - New 125 year lease from 1st October 2023. Peppercorn Ground Rent
Council Tax A
EPC Rating D.

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor Flat Kitchen/living room, bedroom, bathroom.

Rent

Current Rent: £9540 pa

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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.