*Guide | £1,800,000+ (plus fees)
- Block of Apartments
- 11 Bedrooms
- Tenure: Leasehold. The 10 flats are held on a 150 year head lease from 8th June 2010 (thus approximately 136 years unexpired).
Call the team on 020 7625 9007 for more information
Ten Self-Contained Flats (9 x One Bedroom, 1 x Two Bedroom) Subject to a Tenancy Producing £204,000 Per Annum
The property comprises ten self-contained flats (9 x one bedroom, 1 x two bedroom) arranged over the ground and first floors of a purpose built block which is arranged over ground and seven upper floors.
Tenure
Leasehold. The 10 flats are held on a 150 year head lease from 8th June 2010 (thus approximately 136 years unexpired).
Location
The flats are situated on a residential road close to local shops and amenities. The open spaces of Folkestone Gardens are within easy reach. Transport links are provided by New Cross overground and rail stations.
Tenancy
The 10 flats are subject to a single tenancy for a term of 3 years commencing 1st October 2022 at a rent of £17,000 per calendar month.
Current Rent Reserved
Current Rent Reserved £204,000 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.
