Our Summary

• ** For Sale By Online Auction** Pre Auction Offers Considered** Freehold interest only
• Ground Rent investment and potential for future lease extension
• 3 leases Ground Floor Flat, lease expires 31 Dec 2109 * 86 years left on lease * £19,374 due ground rent until lease expiration * 12 years at £150, 25 years at £300, 25 years at £450, 24 years at £600 Middle Flat, lease expires, 25 Dec 2086 * 63 years left on lease * Total Ground rent due until lease expiration £9,850 Top Flat, lease expires 2175 * 152 years left on lease * No Ground Rent Modern Terms & Conditions - This property is for sale via Online Auction
• This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
• The auction will run for 3 hours on a set date and time chosen by the vendor of the property
• Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £2,400 inclusive of VAT
• The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives