A Sixth Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £25,200 per annum

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

Tenure

Leasehold. The property is held on a 125 year lease from February 1989 (thus approximately 93 years unexpired) at a Peppercorn ground rent.

By Order of the LPA Receivers

Location

The property is situated on a popular residential road in the South West London area of Balham close to local shops, amenities and schools. The open spaces of Tooting Bec Common are within easy reach. Transport links are provided by both Balham underground (Northern line) and Balham rail stations.

Accommodation

Sixth Floor Reception Room Three Bedrooms Kitchen Bathroom Separate WC

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 1st August 2020 at a rent of £2,100 per calendar month.

Current Rent Reserved

Current Rent Reserved £25,200 per annum

Neither Auction House London nor the Receivers have internally inspected the property, but understand from reports that the property provides: 3 Bedroom Flat

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.