A Ground Floor Flat Arranged as Two Studio Units Part Let Producing £10,800 per annum

The property comprises a ground floor flat which is now understood to have been converted into two self-contained studio units situated within a mid-terrace building over ground and first floors. (Unknown if any relevant consents were obtained)

Tenure

Leasehold. The property is held on a 125 year lease from 22nd July 1998 (thus approximately 102 years unexpired) at a peppercorn ground rent.

By Order of the LPA Receivers

Location

The property is situated in the South West London area of Wandsworth close to local shops and amenities. The open spaces of York Gardens are within easy reach. Transport links are provided by Wandsworth Town and Clapham Junction rail stations.

Accommodation

Ground Floor (Front Studio) The property is subject to a 12 month AST commencing 26th October 2020 at a rent of £1,000 per calendar month. (Rear Studio) Vacant Possession

Current Rent Reserved

Current Rent Reserved £10,800 per annum

Neither Auction House London nor the Receivers have internally inspected the property, but understand from reports that the property provides: 2 x Studio Flats

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.