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A Ground Floor Three Bedroom Flat Subject to a Lease Producing £20,400 Per Annum
The property comprises a ground floor three bedroom flat situated within a semi detached building arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 147 year lease from 4th April 1985 (thus approximately 107 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Roundwood Park are within easy reach. Transport links are provided by Stonebridge Park underground (Bakerloo line), rail and overground stations.
Accommodation
Ground Floor Reception Room Kitchen Three Bedrooms Bathroom
Exterior
The property benefits from a private rear garden.
Tenancy
The property is subject to a lease for a term of five years commencing 6th November 2019 at a rent of £1,700 per calendar month.
Current Rent Reserved
Current Rent Reserved £20,400 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.