LOT 25

313A Norwood Road, Tulse Hill, SE24 9AQ

FREEHOLD 3 FLATS - ONE VACANT, ONE LET ON ASSURED SHORTHOLD TENANCY & ONE REVERSIONARY GROUND RENT

Result: Sold after auction for an undisclosed amount Guide price: £725,000 - £750,000*

Auction Date

Wednesday, 17th February 2021 12:00pm

A semi-detached property comprising 3 self-contained flats with front and rear gardens. Located within a popular residential area north of the A205 Thurlow Park Road. Brockwell Park and Tulse Hill railway station are both within ½ mile.

Accommodation

Ground Floor Flat: 2 bedrooms, living room, study, kitchen, bathroom, toilet.
Let on an Assured Shorthold Tenancy for 12 months from 16.12.2019 (holding over) at £1,420 pcm.
First Floor Flat: Sold on a 99 year lease from 01.01.1988 (about 66 years unexpired) at a current ground rent of £200 p.a.
Second Floor Flat: 2 bedrooms, living room, kitchen, bathroom/toilet - Vacant

EQUIVALENT TO £17,240 p.a. (SEE NOTE 1) PLUS ONE VACANT FLAT & ONE REVERSIONARY GROUND RENT (66 YEARS UNEXPIRED)

EPC Rating

Ground Floor = E / Second Floor = D

Note

1. A Section 21 Notice was served on the ground floor tenant on 29.09.2020 seeking possession of the flat by 31.03.2021.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Status

Sold after auction for an undisclosed amount

Addendum

In respect of the ground floor flat, as per the floor plan, the room referred to as a "study" is located off one of the bedrooms.

Joint Auctioneer

Dal Sandhu

Kilostate Ref: Dal Sandhu 020 8656 8888

* 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.