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6 bedroom block of apartments for sale

15 Vickers Road, Erith, Kent

Removed £360,000

Property Description

Key features

  • For sale by auction
  • Investment Freehold Building
  • Bedrooms: 6

Full description

Tenure: Freehold

Lot 71 - This lot is for sale by auction as lot 71 on 15th December 2016.

A Freehold Mid Terrace Building

- Internally arranged to provide Six Self-Contained Studio Flats
- Entire Building subject to a Single Lease in favour of a Housing Association
- Recently Refurbished
- Total Current Rent Reserved

£50,238.25 per annum (equivalent)


The property is located on the east side of Vickers Road, which is accessed via Wheatstone Road. Local shops and amenities can be found in nearby Erith town centre. Erith Rail Station is within walking distance and provides a regular and direct service to London Canon Street Station, with a journey time of approximately 37 minutes. The A206 provides access to the M25 Motorway to the east. The open spaces of Frank's Park are within walking distance to the west.

The property comprises a mid terrace building arranged over ground, first and second floors beneath a pitched roof. The building is internally arranged to provide six self-contained studio flats. The property benefits from a garden to the rear.

The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides six self-contained studio flats, there is a further communal kitchen. A schedule is set out below

The entire building is subject to a single lease in favour of a Housing Association for a term of 12 months from 10th June 2016 at a current rent of £50,238.25 per annum.

To View
The property will be open for viewing on Monday 12th December between 12.00 - 12.30 p.m.

Seller's Solicitor
Messrs Bude Nathan Iwanier (Ref Booky Dubiner).Tel 0208 458 5656.Email

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Listing History

Added on Rightmove:
26 November 2016

Map & Street View

Disclaimer - Property reference 970000125. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Allsop , Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allsop , Auction on 0207 494 3686.

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