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FREEHOLD BLOCK OF FLATS AND GARAGES

Lot 91

Walnut House, Walnut Grove, Welling Garden City

Photo of Walnut House, Walnut Grove, Welling Garden City
Withdrawn Prior

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FREEHOLD BLOCK OF FLATS AND GARAGES

Lot 91

This freehold block consists of twelve spacious one bedroom flats and a block of garages to the rear. The flats are mainly let at present producing a current income of approximately 77,160 pa. We understand that some apartmentsare currently under let and two flats are currently vacant. The garages to the rear are not included in the Assured Shorthold Tenancies and offer scope to either be rented separately or in our opinion certainly offer scope for further development subject to obtaining any necessary planning consent. The site occupies a site area of approximately 0.385 acres and the freehold is being disposed of with the benefit of ongoing income that is being produced.

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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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