Lot 40 Building With Ground Floor Flat, Studio And Ground Rent Of Upper Flat Sold On Long LeaseAuction Date:
26th July 2023
66-68 Framlingham Crescent, Eltham, London, SE9 4AF
Currently let at £23,950 per annum
This detached building is currently arranged as two ground floor self-contained units (a one-bedroom flat and separate studio flat) and on the upper levels there is a separate flat which has been sold on a long lease for which the owner receives a ground rental income. Each of the ground floor flats are let on Assured Shorthold Tenancies.
66A Framlingham Crescent
Ground Floor Studio
Living/bedroom, kitchen and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £900 per calendar month.
Council Tax Band A
66B Framlingham Crescent - Ground Floor Flat
Living room, kitchen, bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £1,095 per calendar month.
Council Tax Band A
Outside
Garden to the rear.
68 Framlingham Crescent - Upper Floor Flat
Tenancy
Sold off on the terms of a long leasehold interest, with a ground rent payable of £10 per annum
Tenure
Remainder of a 125-year lease from 16th October 2006 at a current ground rental of £10 per annum.
Auctioneer's Note
At the time of publication an internal inspection has not been possible and the accommodation details have been provided by the Seller, therefore interested parties must rely upon their own enquiries.
Viewing
Interested applicants may view the property externally only and are requested not to contact the tenants direct.
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
