Lot 100 - HOUSE WITH GARAGE, IN NEED OF FULL REFURBISHMENT AND RENOVATION

Sold £492,000

This two storey end-terrace property is situated in a popular and established residential area, within easy reach of local shopping facilities in Sydenham Road, the retail park at Bell Green, local schools and just over half a mile from Sydenham station (London Overground & Southern rail services).

There is a gated vehicular unmade access path that runs behind the property which serves neighbouring garages and leads onto a section of backland, which historically was allotments.

Now in need of a complete programme of renovation, repair and remedial works, the property is sold with full vacant possession and would be of interest to developers, builders and investors looking to maximise the potential it offers. There may even be an opportunity to extend the accommodation to the side, rear and into the roof space, making this a good development project, subject to all necessary consents being obtainable.

Ground Floor

Entrance hallway, two reception rooms, kitchen.

First Floor

Three bedrooms and bathroom with W.C.

Outside

Front and rear gardens. There is a dilapidated garage adjoining the house.

Council Tax Band D

Auctioneer's Note

We understand from the seller that there were historic cases of subsidence in neighbouring properties in the near vicinity. Structural movement at the property was first monitored in 1976 and interested bidders are advised to make their own investigations prior to the auction.

Local Planning Authority

Lewisham Council. Tel: 020 8314 7400. Website: lewisham.gov.uk.

Viewing

Interested parties are advised to take due care and caution upon inspection of the property, due to the existing condition both internally and externally.

Freehold with Vacant Possession

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 cliveemson.co.uk/buyers-fees/