Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
 

Lot 13

Airspace At 47 Northcote Road, London

Photo of Airspace At 47 Northcote Road, London
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Lot 13

The property is located off Battersea Rise to the South of Clapham Junction and within easy reach of Wandsworth and the River Thames. Numerous rail stations and open spaces are within walking distance. This airspace is being offered on a brand new 125 year lease and sits above a terraced dwelling that is currently arranged as a restaurant with two self contained flats above. The lot being sold is the airspace above with development potential, subject to obtaining any necessary consent required. The freeholder will be providing landlords consent to develop at no additional charge to the purchaser. We have noted that the adjoining properties at numbers 43/45 have been subject to a planning permission and will be extending into the airspace above that dwelling by way of development. The airspace is sold with vacant possession and will be of interest to developers.

ACCOMMODATION

Airspace above Terraced Dwelling

TENURE

Leasehold. A new 150 year lease with a Peppercorn Ground Rent will be granted upon completion.

LOCAL AUTHORITY & TAX RATING

London Borough of Wandsworth

VIEWING TIMES

External Viewing Only. Please be courteous to neighbours.

Enquiry Form

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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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