A ground floor studio flat (409 sq ft, source EPC) forming part of a purpose-built block. Vacant

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Description/Location

Situated just off of Plumstead Common. Convenient for local amenities with Plumstead Station 0.5 miles and Woolwich station (DLR and Crossrail) 0.8 miles. We estimate the current rental value is £1200 pm / £14,400 pa.

Tenure

Leasehold: 125 years from 20/02/2017 (118 unexpired)

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Private front door entrance to the rear of the block, hallway, living room/bedroom, kitchen, shower room. Outside: Communal gardens.

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Legal documents

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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.