Property Auction House and RICS Registered Valuer

Next Auction:
13/6/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
FREEHOLD GROUND RENT INVESTMENT

Lot 22

25 Wood Vale, Forest Hill, London SE23 3DS

Photo of 25 Wood Vale, Forest Hill, London SE23 3DS
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FREEHOLD GROUND RENT INVESTMENT

Lot 22

This freehold ground rent investment is secured upon a four storey semi-detached period house which has been converted into four flats. The units have all been sold off on individual leases, producing an annual income of 390pa. We understand that section 5 notices have been served and that the tenants have not exercised their right to purchase. Wood Vale connects A2216 Lordship Lane to B238 Forrest Hill road. The property is situated in a popular and established residential location being within ½ mile of Dulwich Park and Forest Hill mainline station.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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