Lot 11 - 154 & 156 Eardley Road, Streatham, London, SW16 5TG

  • Unconditional Online Auction Sale
  • Guide Price* : £63,000+

Freehold ground rents of £40 pa (rising) secured against 1 x 2 bedroom ground floor flat and 1 x 3 bedroom first floor flat with a valuable reversion in 49 years. Both flats have private gardens.

Description

154 - 2 bedroom ground floor flat, held on a lease for 99 years from 19/01/1972. Ground Rent £40 pa, increasing to £60 in 2039 for the remainder of the term.
156 - 3 bedroom first floor flat, held on a lease for 189 years from 18/12/1991. Ground Rent peppercorn.
Freeholder manages and insures.
We refer bidders to the legal pack for copies of the Section 5a notices served on the lessees.

Intro - "Auction Date"

FOR SALE BY PUBLIC AUCTION - Thursday 24th February 2022

Rent:

Ground Rent: £40 pa (rising)

Tenure:

Freehold

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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