A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £3,900 Per Annum

The property comprises a ground floor studio flat situated within a semi detached building arranged over ground and first floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st January 2022 at a Peppercorn rent.

Accommodation

Ground Floor Studio Room Kitchen Bathroom Store Room

Exterior

The property benefits from communal gardens.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 3 years commencing 29th July 2022 at a rent of £75 per week. We have been advised by the seller that the tenant has been in occupation since 2019.

Current Rent Reserved

Current Rent Reserved £3,900 per annum

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Further Information

Buyers are to note that a Prohibition Order has been served to address urgent repairs at the property. For more information please refer to a copy of the order in the legal pack. Buyers are to make their own enquiries.

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.

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.