A First Floor Two Bedroom Flat Subject to An Assured Tenancy Producing £12,720 per annum

The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 11th August 1972 (thus approximately 56 years unexpired).

By Order of the LPA Receivers

Location

The property is situated in the South West London area of Streatham close to local shops and amenities. The open spaces of Tooting Bec Common are also within close proximity. Transport links are provided by Streatham rail station and Streatham Common rail station.

Accommodation

Auction House London have not internally inspected the property, however we understand it to provide the following accommodation: First Floor Reception Room Two Bedrooms Kitchen Bathroom with WC & wash basin

Tenancy

The property is subject to an Assured Tenancy for a term of 10 years commencing March 1996 at a rent of £1,060 per calendar month.

Viewing Details

There will no internal viewings due to lack of access.

Addendum

The tenancy income is £1,060 pcm (£12,720 per annum) and not as stated in the catalogue

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.