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A Ground and Lower Ground Floor Two Bedroom Flat Subject to Tenancies Producing £18,000 Per Annum
The property comprises a ground and lower ground floor flat currently arranged to provide two one bedroom bedsits situated within a mid terrace building arranged over ground and three upper floors.
Tenure
Leasehold. The property will be held on a new 999 year lease from completion.
Location
The property is situated in the popular South West London area of Streatham amongst the local shops and amenities of Streatham High Road. Transport links are provided by Streatham rail station.
Accommodation
Lower Ground Floor Open Plan Reception/Kitchen Bedroom Shower Room Ground Floor Open Plan Reception/Kitchen Bedroom Shower Room
Tenancy
The property is subject to two Tenancies at a combined rent of £1,500 per calendar month.
Current Rent Reserved
Current Combined Rent Reserved £18,000 Per Annum
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.