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3 bedroom terraced house for sale

120 Basildon Road, Abbey Wood, London SE2

Removed £245,000

Property Description

Key features

  • For sale by auction
  • Ground Rent
  • Bedrooms: 3
  • Bathrooms: 3
  • Reception Rooms: 2

Full description

Tenure: Freehold

Lot 52 - This lot is for sale by auction as lot 52 on 3rd November 2016.

A Freehold Reversionary Ground Rent Investment secured upon a Mid Terrace House


Tenure
Freehold.

Location
The property is situated on the east side of Basildon Road almost directly opposite its junction with Manton Road. Local shops are available to the east of the property with a more extensive range of shops and other facilities being available from Woolwich to the west of the property. Rail services run from Abbey Wood approximately 0.6 miles to the north-east which will also operate Crossrail (Elizabeth Line) services from December 2018.

Description
The property comprises a reversionary ground rent investment secured upon a mid terrace house, arranged over ground and first floors beneath a pitched roof. The property benefits from front and rear gardens.

Accommodation
The property was not internally inspected by Allsop. The following information was provided by the Seller. We are informed that the property providesTwo Reception Rooms, Three Bedrooms, Kitchen, Three Bathrooms

Tenancy
The property is subject to a lease in favour of The Royal Borough of Greenwich for a term of 99 years from 24th December 1920 (thus having approximately 3 years unexpired) at a peppercorn ground rent.

Seller's Solicitor
Messrs Bude Nathan and Iwanier(Ref Mr B Dubiner). Tel 0208 209 2454.Email bd@bnilaw.co.uk

Reversion 2019


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:
15 October 2016

Map & Street View

Disclaimer - Property reference 969000103. 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.