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A Fourteenth Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £15,480 Per Annum
The property comprises a fourteenth floor one bedroom flat situated within a purpose built block arranged over ground and twenty upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 11th June 1984 (thus approximately 87 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lambeth Walk Open Space are within easy reach. Transport links are provided by Kennington underground station (Northern line) and Elephant & Castle rail station.
Accommodation
Fourteenth Floor Reception Room Kitchen Bedroom Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 23rd August 2021 at a rent of £1,290 per calendar month.
Current Rent Reserved
Current Rent Reserved £15,480 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.