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2 bed Flat For Sale £550,000
15/17 Blegborough Road, Streatham, London, SW16 6DL


Description
Interested parties should contact Knight Frank Auctions for further information.

Description
Freehold building arranged as 2 purpose built self-contained maisonettes, one let on a reversionary AST and one vacant.

15 Blegborough Road

First Floor Maisonette - Vacant

- Reception / Kitchen
- 2 Bedrooms
- box room
- Bathroom with wc & wb
- 777 sqft (72.1 sqm)

Offered with vacant possession.

17 Blegborough Road

Ground Floor Garden Maisonette - Tenanted

- Reception / kitchen, through to;
- Bathroom with wc & WB
- 2 Bedrooms
- Box room
- 710 sqft (66 sqm)
- Private Garden

Subject to an AST for a term of 12 months from 15 March 2022 at a passing rent of £14,100 pa (£1,175 pcm). This rent is considered to be below market rent.

NB - Both properties have the benefit of pre-existing leasehold interests which will be transferred to the purchaser of the freehold. Interested parties are referred to the legal pack which is obtained via Knight Franks website.

Location
Blegborough Road is a peaceful residential street in the popular community of Furzedown (Wandsworth borough).

Streatham Common train station is just 0.5m away, and there are numerous bus routes at the end of the road giving speedy access to both Tooting Broadway and Streatham.

Residents benefit from nearby supermarkets including Aldi, Sainsbury's, and Tesco Extra as well as amenities on Streatham High Rd, which is a mile away and has high-st shops, eateries, a gym, and a cinema.

Both Streatham Common and Tooting Common offer open green space, and both are accessible by foot. Tooting Commons also has an athletics track and gym, as well as areas for football, tennis, and cricket. Nearby facilities also include the Furzedown Recreation Centre and the Streatham Ice & Leisure Centre.

Additionally, there are several schools nearby, all of which are within one mile of the property including Goldfinch Primary School (0.1 miles), Penwortham Primary School (0.2 miles).

Occupancy
Part vacant

Tenure
Freehold

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to 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.

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.

Follow the link for more information:
        
onthemarket.com

  
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