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Withdrawn | Lot 76

Overriding Lease at 72 Chatsworth Court, Pembroke Road, London, W8 6DJ

Withdrawn

  • Property For Sale
  • Tenure: Long Leasehold. The property is held on a 999 year lease from 1st December 2006 at a peppercorn ground rent (thus approximately 984 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 10/02/2021

Auction Time

12:00

Auction Venue

Live Stream

A Leasehold Reversionary Ground Rent Secured upon a Second Floor One Bedroom Flat with 35 Years Unexpired at a Ground Rent of £40 Per Annum Increasing to £80 Per Annum in 2031

The property comprises an overriding lease of a one bedroom flat situated within a purpose built block. The flat has 35 years unexpired on the lease.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st December 2006 at a peppercorn ground rent (thus approximately 984 years unexpired).

Location

The property is situated in the highly sought after area of Kensington close to the shops and amenities of Cromwell Road. The open spaces of Holland Park and Kensington Gardens are both within easy reach. Transport links are provided by both South Kensington Olympia rail and overground stations and Earls Court underground station (Piccadilly, Circle and District lines).

The property is sold off on an 85 year lease from 25th March 1971 (thus approximately 35 years unexpired). The ground rent income is £40 per annum.

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 £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.