Block of flats for sale in London SE3, 0 Bedroom

Lot 106 - This lot is for sale by auction as lot 106 on Thursday 14th February 2019.

A Freehold Part Reversionary Ground Rent Investment secured upon an End of Terrace Building arranged to provide Seven Self-Contained Flats. Reversions from 2083

Total Current Rent Reserved

£1,000 per annum Reversions from 2083
first time on the market for approximately 30 years

Tenure
Freehold.

Location
The property is located on Bennett Park, which is a short walk from the centre of Blackheath. Blackheath Rail Station is within walking distance, as are the open spaces of Greenwich Park.

Description
The property comprises a ground rent investment secured upon an end of terrace building internally arranged to provide seven self-contained flats.

Accommodation and Tenancies
A schedule of Accommodation and Tenancies is set out below.

Rights of Pre-emption
The lessees have elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Management and Insurance
There is a right to manage company in place, set up by the lessees. The lessees also arrange their own insurance.

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.