Online auction date: 15 February 2022. Bidding opens at 9:00am and closes at 12:00noon. By AUCTION PROPERTY LONDON -www.auctionproperty.co.uk
A substantial freehold terraced property, set out over 4 floors .
Lower ground floor, ground, first and second floors.
Currently the property is set out as two maisonettes.
There is a storage/ workshop to the rear, this offers tremendous scope to be developed, considering the neighbouring properties (subject to planning consent).
WE HAVE NOT INSPECTED THE PROPERTY INTERNALLY.
AND WE ARE NOT ABLE TO PROVIDE ANY INTERNAL VIEWINGS AT ALL.
The property is need of modernisation.
The current tenants are in situ and the buyer is to take this on as is.
VACANT POSSESSION IS NOT BEING OFFERED.
The current rental income is £12,116.00 pa
Basement: Living room, dining room/bedroom, kitchen, bathroom.
Ground Floor: (Lower maisonette) Living room/bedroom one, bedroom two.
First Floor: (Upper maisonette) Living room, bedroom two, kitchen, bathroom.
Second Floor: Bedroom one and bedroom three.
Outside: There is a terrace to the back of the basement floor leading to the garage/workshop.
Lower maisonette EPC Rating is F.
FOR SALE BY ONLINE AUCTION ON 15 FEBRUARY 2022 – BIDDING OPENS AT 9:00AM AND CLOSES AT 12:00 NOON.
All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.
Bidding is also available by way of telephone and proxy.
Please note that wherever possible viewings will be by virtual tour. Any viewings that we do conduct in person will follow current Government guidelines.
For further information please contact our auction team on 020 3011 2469
Exchange and administration fee information: (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £1200 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.