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Maisonette
A substantial six bedroomed maisonette with accommodation over two floors.
The property is currently let as a HMO and we are informed that the combined rental income is £3,900pcm (£46,800 per annum).
The accommodation briefly comprises: a private entrance at the rear, fitted kitchen, two bathrooms and six lettable rooms.
The property is situated in Lewisham, South East of London, with excellent transport connections to both Lewisham station and DRL. Close to Lewisham shopping centre, a large open market and many local shops, restaurants and cafes. There are many green areas close by including Greenwich Park and Blackheath.
There is potential for further development as planning permission has previously granted (now expired) for the construction of a hip to gable roof extension, together with a dormer and extension of existing extract duct on rear roof slope and two roof lights on the front roof slope. Planning was granted in 2014 by Lewisham Council under Planning reference: DC/14/088082. May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. The vendors have informed us they have made enquiries with the Freeholder regarding a lease extension. <br><br>Thought suitable as a Buy-to-Let investment opportunity subject to any restrictions contained within the lease. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
