Lot 120 Residential Investment With Planning Approved For AlterationsAuction Date:
2nd November 2022
36 Clareville Road, Orpington, Kent, BR5 1RS
Currently let at £18,600 per annum
Located in the Petts Wood area of Orpington, this letting investment is situated towards the end of an established residential turning, within close proximity to local shopping, public transport and Orpington Mail Line station, providing regular Thameslink & South-Eastern services.
Having been let to the same tenant for a number of years, together with the advantage of approved planning for extensive accommodation alterations, this represents an interesting opportunity for investors.
Planning
There are two current Planning Permissions, granted by The London Borough of Bromley, under refs: DC/20/04983/FULL6, dated 11th March 2021, for proposed single storey rear extension, conversion of garage to habitable room, pitched roof to porch and internal alterations, subject to conditions and ref: DC/20/05126/PLUD, dated 25th February 2021, for loft conversion incorporating rear dormer (Proposed Lawful Development Certificate), subject to conditions.
A copy of the Planning Consents and accompanying documents may be downloaded from the Local Planning Authority website. bromley.gov.uk.
Tel: 020 8313 4956.
The legal pack will also be available to download from the Clive Emson website.
Ground Floor
Entrance porch, lobby, living room, dining area, kitchen.
First Floor
Three bedrooms, bathroom & W.C.
Outside
Rear garden, front drive leading to garage, front garden.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £1,550 per calendar month. We understand the tenant has been occupation since 2013.
Council Tax Band D
Viewing
Internal viewings may be possible at the tenant’s discretion. Interested parties are requested not to contact the occupants directly as access will be by appointment only.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
