A vacant leasehold 1 bedroom flat requiring some refurbishment, located within easy walking distance of Forest Hill centre and station. An ideal rental investment with an estimated rental value of £1300 pcm. Suitable for cash buyers only due to a lease of 52 years.
Auction date
To be sold by online auction on Thursday 31st August 2023 with a 6 WEEK COMPLETION, bidding will open at 10.00.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Short walk from Forest Hill centre and amenities * Good access into the City * Mainline rail service from Forest Hill station * Good access to South Circular A205
Description
* Ground floor flat * 1 bedrooms * Requires refurbishment * Good investment potential
Accommodation
Comprises:
Ground floor
Communal entrance, hallway, living room/kitchen, bedroom, shower room
Outside
Communal gardens
EPC rating
C
Tenure
Leasehold with vacant possession
Lease
99 years from 29th September 1976 - 52 years remaining.
Council tax band
B - Lewisham
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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