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A First Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £20,400 Per Annum
The property comprises a first floor two bedroom flat situated within a purpose built building arranged over ground and twenty upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from the 20th May 1991 (thus approximately 91 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Larkhall Park are within easy reach. Transport links are provided by Stockwell underground station (Northern line) and Brixton rail station.
Accommodation
First Floor Reception Room Kitchen Two Bedrooms Bathroom Separate WC
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,700 per calendar month. The receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information.
Energy Efficiency Rating (EPC)
Current Rating C
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.