A Two Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £12,000 per annum

The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 155 year lease from November 2006 (thus approximately 143 years unexpired).

Location

The property is situated in the South West London area of Norbury close to local shops and amenities. The open spaces of Rowan Road Recreation Ground are within easy reach. Transport links are provided by both Norbury rail station & Mitcham Eastfields rail station.

Accommodation

Ground Floor Reception with Open Plan Kitchen Two Bedrooms Bathroom with WC & wash basin

Exterior

The property benefits from an allocated parking space

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 4th April 2009 at a rent of £1,000 per calendar month (Holding over).

Current Rent Reserved £12,000 per annum

Viewing Details

Wednesday 6th September 12:00 - 12:30 Saturday 9th September 12:00 - 12:30 Monday 11th September 12:00 - 12:30

Sellers Solicitor Invoice Number

17601

Purchaser Fee Invoice Number

17602

Addendum

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

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.