Lot 11 - 61 Glenville Grove, London, SE8 4BJ

  • Unconditional Online Auction Sale
  • Guide Price* : £150,000 plus

Studio flat within a purpose built block requiring refurbishment befitting from excellent transport links

Description

The property comprises a studio flat within a purpose built block. Refurbishment and modernisation is required.

Location

Well located, Glenville Grove is situated in the heart of Deptford. Locally there are many independent shops, supermarkets, bars, cafes and restaurants. The area is well serviced by transport with links including DLR, mainline stations and bus network with connections across the City. Locally Deptford, New Cross, Greenwich, Blackheath and Lewisham are within easy distance.

Tenure

99 years from the 25th June 1990 at a rent of £70 per annum, rising to £140 per annum in 2023 with a further rent review in 2056 to £210 per annum.

Accommodation

Entrance Hall
Reception - 3.15m(10'4) x 3.66m(12')
Kitchen/lounge - 2.26m(7'5) x 2.08m(6'10)
Sleeping Area - 2.77m(9'1) x 2.08m(6'10)
Bathroom

EPC

Energy Asset Rating is C.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1500 (inc VAT) payable upon exchange of contracts.

Additional Information

1. Completion will take place 14 days from the date of exchange.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions, 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.

Any dimensions stated may have come from a third party source (e.g. the seller, valuation reports or historic sales particulars) so whilst provided in good faith, they should not be relied on and interested parties should rely on their own enquiries.

* 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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