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1 bedroom flat for sale

34 Timothy House, 6 Kale Road, Erith, Kent

Removed £90,000

Property Description

Key features

  • For sale by auction
  • Investment Flat
  • Bedrooms: 1

Full description

Tenure: Leasehold

Lot 99D - This lot is for sale by auction as lot 99D on 15th December 2016.

A Leasehold Self-Contained Purpose Built Sixth Floor Flat subject to an Assured Shorthold Tenancy

Leasehold. The property is held for a term of 126 years from 1989 (thus having approximately 99 years unexpired) at a ground rent of £10 per annum.

Timothy House is located off Kale Road, which is accessed via Yarnton Way. Local shops and amenities are available in nearby Abbey Wood to the west. Both Abbey Wood and Belvedere Rail Stations are within walking distance to the south. The open spaces of Southmere Park are within walking distance. Local bus routes run along Yarnton Way.

The property comprises a self-contained flat situated on the sixth floor of a purpose built block.

The property was not internally inspected by Allsop. The following information was provided by the Joint Auctioneers. We are informed that the property providesOne Bedroom Accommodation

The property is subject to an Assured Shorthold Tenancy for a term of six months from May 2016 at a current rent of £725 per month (holding over).

To View
Please call the Joint Auctioneers.

Joint Auctioneer
Messrs South London Estates (Ref Eli Weiss). Tel 0208 695 1666.Email

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

Current Gross Rent Reserved

£8,700 per annum (equivalent)

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 970000157. 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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