A Mid Terrace House Arranged as a Ground Floor Two Bedroom Garden Flat Subject to an Assured Shorthold Tenancy Producing £19,800 per annum and a First Floor Flat Sold Off on a Long Lease at a Peppercorn Ground Rent.

The property comprises a mid terrace house arranged over ground and first floors converted to provide two self-contained flats comprising a ground floor two bedroom garden flat and a first floor two bedroom flat (sold off).

Tenure

Freehold

By Order of the LPA Receivers

Location

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

Accommodation

Ground Floor Hallway Reception Room Kitchen Two Bedrooms Bathroom First Floor Two Bed Flat (Sold off on a 125 year Lease from 29 September 1989)

Exterior

The property benefits from a rear garden.

Tenancy

We understand the property is subject to a Tenancy at a rent of £1,650 per calendar month. Details will be provided in the legal pack.

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