For Sale By Auction | 12:00, 13 December 2017 | Lot 1

Apartment 1401 Strata, 8 Walworth Road, Southwark, London, SE1 6EG

Sold £600,000

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 125 year lease from 25 March 2010 (thus approximately 118 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 13/12/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Well Located Fourteenth Floor Two Bedroom 840 sq ft Apartment. Offered Subject to an Existing Tenancy Producing £28,600 per annum but a Section 21 Notice has been Served to Vacate.

The property comprises a well presented fourteenth floor two bedroom apartment situated within a purpose built luxury block arranged over ground and forty-two upper floors. The property benefits from 24hr concierge and secure cycle storage. Furnishings currently in the property will be included.

Tenure

Leasehold. The property is held on a 125 year lease from 25 March 2010 (thus approximately 118 years unexpired).

Location

The property is situated in the heart of Elephant & Castle opposite the Elephant & Castle Shopping Centre and just a short walk from both Elephant & Castle underground and rail stations.

Accommodation

Fourteenth Floor Reception Room with open plan Kitchen Master Bedroom with En-suite Shower Room, WC & wash basin Further Bedroom Bathroom with WC & wash basin

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 20th May 2017 at a rent of £28,600 per annum. The vendor has served a section 21 notice to vacate.

Viewing Details

Open House Viewings: Thursday 30th November 11:30-12:00 Tuesday 5th December 11:30-12:00 Thursday 7th December 11:30-12:00 Saturday 9th December 14:30-15:00 Tuesday 12th December 11:30-12:00

Addendum

The occupational tenant has paid rent up to 19 May 2018 (the end of the tenancy) and the rent paid for the period from the date of actual completion to 19 May will be apportioned to the Buyer and allowed against the funds due from the Buyer on completion.

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.

View Larger Map

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.