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A Vacant Third Floor Studio Flat
The property comprises a third floor studio flat situated within a purpose built building arranged over ground and four upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 25th December 1976 (thus approximately 79 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Tooting Common are within easy reach. Transport links are provided by Streatham Hill rail station.
Accommodation
Third Floor Studio Room Kitchen Bathroom
Tenancy
We understand from the vendor, that the flat was most recently let out at £1,150 per month (£13,800 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.