LOT 39

26 Albion Way, Lewisham, SE13 6BT

FREEHOLD GROUND RENT INVESTMENT -
6 FLATS AND PARKING SPACE
Result: Refer to auctioneer Guide price: £30,000 plus*

Auction Date

Wednesday, 11th September 2019 12:00pm

Location & Description

An attractive detached property comprising six self-contained flats and a parking space almost on the corner of Albion Way and Clarendon Rise.
Within a few minutes walk of the town centre and its numerous national multiples, banks and restaurant/cafés and the station (DLR and overground).

Accommodation

Six flats each for 125 years 29.09.2016 at £300 p.a.
(doubling every 25 years).
One parking space - 125 years from 26.09.2016 at £50 p.a.
(rising every 25 years RPI linked)

EQUIVALENT TO £1,850 p.a. (RISING EVERY 25 YEARS)

Status

Addendum

Minimum deposit is £4,000.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.