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Lot 10 - 11 Belmont Park Close, Lewisham, London, SE13 5BH

Guide Price* £245,000 +

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Property Type
End of Terrace
Tenure
Leasehold
Type
Residential
Bedrooms
3
Bidder Security Deposit
£3,500*

Property Summary

  • In the same ownership for over 22 years
  • Leasehold two floor end of terrace house
  • Three-bedroom, reception / dining room, kitchen, bathroom/wc, rear garden
  • Approximately a 31-year unexpired lease term
  • Fully re-furbished prior to letting with fully fitted kitchen and bathroom
  • Close to amenities and transport links
  • Investment producing £24,000 per annum

Leasehold two floor three-bedroom end of terrace house – Investment producing £24,000 per annum

Description

A well-presented three-bedroom end of terrace house forming part of a terrace of seven houses with private residence parking.

Location

The property is located in a gated cul-de-sac, off Belmont Park which runs between Lee High Road and Dacre Park. Public transport facilities include local bus routes as well as Lewisham railway and DLR stations close-by, providing access to the Thameslink and Southeastern networks. Shopping facilities are at Lewisham Shopping Centre and along Lee High Road. Recreation amenities can be found at Manor House Gardens and Blackheath nearby.

Accommodation

First floor: Three bedrooms, Bathroom/wc
Ground floor: Entrance Hall, reception room, fitted kitchen, storage
Outside: Rear garden

Tenancy

Let on a statutory periodic tenancy from 18/5/2024 at a rent of £2,000 per month

Total rent reserved £24,000 per annum

Lease Details

Held on a lease for a term of 80 years (less 3 days) from 29/9/1976 (approximately 31 years unexpired) at a ground rent of £10 per annum

EPC Rating

C

Council Tax Band

B

VAT

VAT is not applicable to this lot.

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). 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 Price (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 Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £1,500 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £1,500 (inc. VAT).

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All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of SW Property Auctions or the seller.

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