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A Mid Terrace House Currently Arranged as Seven Letting Rooms
The property comprises a mid terrace building arranged over ground and first floors. The Receivers understand that the property is arranged to provide seven letting rooms. (Unknown if any relevant consents were obtained)
Tenure
Freehold
By Order of the LPA Receivers
Location
The property is situated in the South West London area of Tooting close to local shops and amenities. The open spaces of Tooting Common are within easy reach Transport links are provided by Tooting Broadway underground station (Northern line).
Accommodation
Ground Floor Three Letting Rooms Kitchen Bathroom Separate WC First Floor Four Letting Rooms Shower Room with WC
Tenancy
The property is believed to be let on a room by room basis with six of the rooms understood to be subject to unknown tenancies at the time of writing but are assumed to be ranging from £400 to £650 pcm per room. Details will be provided in the legal pack.
Current Rent Reserved
Combined Current Rent believed to be in the region of £28,800 - £46,800 per annum (equivalent)
Neither Auction House London nor the Receivers have internally inspected the property, but understand from reports that the property provides: 7 Letting Rooms
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.