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Property for sale

342 and 344 Cannon Hill Lane, Raynes Park, London

Guide Price* £1,000

Property Description

Key features

  • For sale by auction
  • Ground Rent

Full description

Tenure: Freehold

TO BE SOLD BY PUBLIC AUCTION AS LOT 157 ON WEDNESDAY 29 MAY 2019 - A semi-detached building arranged as two purpose built flats, in popular residential location near good recreational facilities. Reversionary Ground Rent Investment.


In accordance with section 5B of the Landlord and Tenant Act 1987, notices have been served on the lessees and they have NOT reserved their rights of first refusal.


  • Situated on the north side of Cannon Hill Lane, between Grand Drive and Churston Drive
  • Local shopping facilities are close by, whilst the retail centres of Raynes Park, Wimbledon and Morden are all easily accessible
  • Easy access to the A3 provides good road communication to London and the M25
Tube: Morden (Northern Line), Wimbledon (District Line)

Rail: Motspur Park, Raynes Park, South MertonDescription

  • A semi-detached building arranged as two purpose built flats
  • Each flat has a garden area

  • Two purpose built flats

No 342. Ground Floor – Lease from 4th December 2015 to 31st December 2185. Ground rent £50 per annum rising.
No 344. First Floor – Lease from 12th August 2016 to 23rd July 2179. Ground rent £50 per annum rising.

Total Current Ground Rent £100 per annum.

Listing History

Added on Rightmove:
10 May 2019

Map & Street View

Disclaimer - Property reference b6d3a164-d403-4696-b5d5-86ebc0bc46ea. 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 Savills, National Auctions. 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 Savills, National Auctions on 020 7824 9025.

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