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8 bed terraced house
Brixton Road, Brixton High Street
Auction
£1,550,000
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Our Summary
- Ground flor flat d in need of renovation
- Flat D to rear on ground floor - vacant - in need of renovation and modernisation
- Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as `The Auctioneer`
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction
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Description
The property is a mixed-use building with a commercial take away on the ground floor, let on a 10-year lease expiring in 2030 with an annual rent of £50,000. The building has four flats above: flats A and C are tenanted, while flat B is vacant; the three upper flats are let on assured shorthold tenancy agreements for a total of £5,000 per month. The ground floor also contains flat D, which is vacant and in need of renovation and modernisation.