Lot 1 - Flat 11 Gainsborough Court, Homesdale Road, Bromley, Kent, BR2 9NB
- Unconditional Online Auction Sale
- Guide Price* : £250,000
- Two Bedroom Flat
- Under car parking space
- Investment Property - Producing £13,800 per annum
POSTPONED - ON BEHALF OF THE RECEIVER Two bedroom ground floor flat producing a rental income of £13,800 per annum.
Description
* VIDEO TOUR AVAILABLE UPON REQUEST* A residential investment comprising a two bedroom raised ground floor flat within a purpose built development, benefiting from a car parking space underground. The property is currently let on Assured Shorthold Tenancy agreement at a rent of £1,150pcm.
Please note that prior to the Receiver's appointment a Section 21 notice was served seeking possession and the Receivers solicitors have made an application to Court for an order which states that the Claimant is to be Charles Gordon (the borrower) acting by Receivers, following the latters appointment. If granted this gives the purchaser the option to apply to be substituted as claimant and then to enforce it should they wish to obtain possession.
Location
The property is located in Bromley, South East London on the corner of Homesdale Road and Masons Hill. Bromley town centre is located 1 mile to the north, providing access to extensive retail and leisure services. Bromley South is the nearest station, served by Thameslink and Southeastern train services with regular routes into London and the south east.
Tenure
Leasehold for 125 years from 1st January 1998 at a ground rent of £173.64 per annum, service charge of £1,534.04 per annum and reserve fund contribution of £480.77 per annum.
Accommodation
Hall, Living Room, Kitchen, Two Bedrooms and Bathroom/W.C
Outside
Communal patio. Allocated car parking space underground.
Tenancies
The property is let on a periodic monthly tenancy following expiry of Assured Shorthold Tenancy granted for 6 months from 12th March 2019 at a rent of £1,150pcm.
EPC
Energy Performance Asset Rating - C
Council Tax Band
E
Lease Start Date
15/01/1999
Lease Duration
125 years (101 years unexpired)
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* 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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