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Property for sale

41A Leathwell Road, St Johns, London SE8

Removed £10,000

Property Description

Key features

  • For sale by auction
  • Ground Rent

Full description

Tenure: Freehold

Lot 108 - This lot is for sale by auction as lot 108 on 15th December 2016.

A Freehold Ground Rent Investment secured upon an End of Terrace Building internally arranged to provide Two Self-Contained Flats


Tenure
Freehold.

Location
The property is situated on the east side of Leathwell Road, to the south of its junction with Armourly Road. St John's Rail Station, approximately 0.4 miles away, provides services to London Cannon Street. Elverson Road Station is 0.1 miles to the east and provides a direct DLR service to Bank. Local amenities are available to the south and more extensive facilities are accessible approximately 0.6 miles to the south in Lewisham.

Description
The property comprises a ground rent investment secured upon an end of terrace building arranged over ground and first floors beneath a pitched roof. The property is internally arranged to provide two self-contained flats.

Tenancy
Both flats are subject to a 125 year lease from 12th December 2007 (thus having approximately 116 years remaining) at a collective ground rent of £700 per annum. NB. The Lessees have NOT elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Total Current Rent Reserved £700 per annum


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 www.auction.co.uk. 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 970000166. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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.

*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.


Map data OpenStreetMap contributors.