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.

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.