A Second Floor Five Bedroom Flat Being Used as an HMO Subject to a Tenancy Let at £34,200 Per Annum

The property comprises a second floor five bedroom flat situated within a detached building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 9th August 1999 (thus approximately 100 years unexpired).

By Order of the LPA Receivers

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Crystal Palace Park are within easy reach. Transport links are provided by Sydenham overground and rail stations.

Accommodation

Second Floor Communal Reception Room with Open-Plan Kitchen Five Bedrooms (Two with En-Suites) Communal Bathroom GIA Approximately: 110 sq m (1,184 sq ft)

Tenancy

The Receivers are advised the property is an HMO and let to a rental company who sublet the property at £2,850 per calendar month on a 2 year lease from October 2023. Please refer to the legal pack for more information.

The property has not been inspected by Auction House London. All information has been supplied by a valuation report supplied by the Receiver.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.