Sold for £233,000

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By Order of the Executor

A 2 bedroom third floor apartment (581 sq.ft.) that will benefit from modernisation. Forming part of an attractive art deco building, vacant

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Description/Location

Wavertree Court was designed by renowned architect Frank Harrington and is situated in the Streatham Hill conservation area. There are numerous cafes and restaurants nearby, Streatham Hill station approx. 0.3 miles. Anticipated rental value post refurbishment £1,500 pcm. The apartment is habitable but dated and will benefit from internal refurbishment.

Tenure

Leasehold - 99 years from 01/07/1974
The seller will at the request of the buyer’s solicitor, between exchange and completion serve a Section 42 Notice on the Landlord, the Notice having been drafted by the buyer’s solicitor at the buyer’s cost. The benefit of the S42 notice will be assigned to the Buyer on completion.

Local Authority

Viewing

Please contact James Alexander Network Auctions on 020 8679 8601.

Accommodation

Third floor: Living room, kitchen, 2 bedrooms, bathroom Outside: Communal gardens

Rent

Potential rent £18,000 per annum

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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.