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A Residential Investment Comprising Six Self-Contained Flats. Fully Let Producing £95,400 Per Annum
The property comprises a former office building internally arranged to provide six self-contained flats over ground and three upper floors.
Tenure
Leasehold. The property is held on a 999 year lease from 20th January 2021
By Order of the Mortgagees
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Whyteleafe Recreation Ground are within easy reach. Transport links are provided by Whyteleafe rail station.
Exterior
Each flat benefits from one designated parking space in the car park.
Tenancy
Each flat is subject to an Assured Shorthold Tenancy at a total combined rent of £7,950 per calendar month. Please refer to the legal pack for full copies of the tenancy agreements.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.