Withdrawn prior to auction

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Large ground floor studio apartment (387 sq ft). Stunning riverside location with direct garden access and a studio room in excess of 200 sq ft, let producing £14,520 pa.

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Description/Location

The apartment benefits from its own entrance (no communal hallways) and features a bright and spacious studio room with direct access to the outside space, this space is up to 50% larger some studio apartments in the development. There is a separate kitchen and a bathroom, both have been refitted with contemporary fixtures. There are no cladding issues and the apartment is let on an assured shorthold tenancy from 14/06/2021 at a rent of £1210 pcm.

Tenure

Leasehold: 125 years from 19/08/1988 (93 years unexpired). Ground rent £10 pa, service charge £1084 pa 2020/21.
Energy Rating: C

Local Authority

Westminster City Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Front door to entrance hall with doors to the kitchen, bathroom and studio space.

Rent

Current Rent: £14,520 pa

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*Guide Price & Reserves

Generally speaking Guide Prices 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. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.