Lot 118: FREEHOLD GROUND RENTS

Guide Price £20,000 – £25,000 *
Ground Rents,
18 Kemble Road,
London. SE23 2DJ

Currently let at 300 per annum

Applicants may view the lot externally only

01273 504232

Richard Payne/Sam Kinloch

A semi-detached bay fronted Victorian house arranged as two self-contained flats situated just off the A205 South Circular Road. The property is located close to the popular residential area of Forest Hill with its comprehensive shopping facilities and amenities with the mainline railway station providing easy access to central London.

The ground floor flat has been sold on a 99 year lease from 25th September 1983 at a current ground rental of 150 per annum, increasing by 50 every 33 years of the term and the first and second floor maisonette has been sold on a 99 year lease from 29th September 1982 at a current ground rental of 150 per annum also increasing by 50 every 33 years of the terms.

We understand the freeholder insures, manages and maintains the block recovering the costs from the leaseholders by way of a service charge.

Auctioneers Note

Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have reserved their rights under the legislation.

Map

Loading…

The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.