No longer on the market
This property is no longer on the market
Floorplans (
Map11 bedroom block of apartments
Auction
Block of apartments
11 beds
Key information
Tenure: Leasehold | 136 yrs left
Council tax: Ask agent
Features and description
Please refer to auctioneer for more informationGuide Price = £1,800,000+
*For Sale By Online PublicAuction 7th February 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
Ten Self-Contained Flats (9 x One Bedroom, 1 x Two Bedroom) Offered Under One Head Lease. Potential Break Up/Rental Investment Opportunity. Flats Offered with Vacant Possession upon Completion.
By Order of the Mortgagees
Tenure
Leasehold. The 10 flats are held on a 150 year head lease from 8th June 2010 (thus approximately 136 years unexpired). 10 individual leases have been drafted ready for submission to Land Registry (freeholder's consent not required). Please refer to legal pack.
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.
Description
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.
Tenancy
We understand that the property was formerly let at a rent of £204,000 per annum
Note
Open House Viewings:
Monday 29 January 2024 10:00 AM - 10:30
Wednesday 31 January 2024 10:00 AM - 10:30
Friday 2 February 2024 10:00 AM - 10:30
Tuesday 6 February 2024 10:00 AM - 10:30
*For Sale By Online PublicAuction 7th February 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
Ten Self-Contained Flats (9 x One Bedroom, 1 x Two Bedroom) Offered Under One Head Lease. Potential Break Up/Rental Investment Opportunity. Flats Offered with Vacant Possession upon Completion.
By Order of the Mortgagees
Tenure
Leasehold. The 10 flats are held on a 150 year head lease from 8th June 2010 (thus approximately 136 years unexpired). 10 individual leases have been drafted ready for submission to Land Registry (freeholder's consent not required). Please refer to legal pack.
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.
Description
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.
Tenancy
We understand that the property was formerly let at a rent of £204,000 per annum
Note
Open House Viewings:
Monday 29 January 2024 10:00 AM - 10:30
Wednesday 31 January 2024 10:00 AM - 10:30
Friday 2 February 2024 10:00 AM - 10:30
Tuesday 6 February 2024 10:00 AM - 10:30
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.