3 Bedrooms Block of flats for sale in Charlton Church Lane, London SE7 | £ 4,500


Price: £ 4,500
Contract type: For Sale
Type: Block of flats
County: London
Town: London
Postcode: SE7
Address: Charlton Church Lane, London SE7
Bathrooms: 0
Bedrooms: 3
Posted: 2018-10-07

Property Description

Lot 154 - This lot is for sale by auction as lot 154 on Thursday 25th October 2018.

A Freehold Ground Rent Investment secured upon a Mid Terrace Building internally arranged to provide Three Self-Contained Flats

Total Current Rent Reserved £300 per annum


The property is located on the east side of Charlton Church Lane, to the south of its junction with Delafield Road. Local shops and amenities are available along Charlton Church Lane. Charlton Rail Station is in close proximity to the north and provides frequent services to Central London. The open spaces of Charlton Park are within easy reach.

The property comprises a ground rent investment secured upon a mid terrace building arranged over ground and first floors. The building is internally arranged to provide three self-contained flats.

Each flat is subject to a lease for a term of 125 years from 1st January 2007 (thus having approximately 114 years unexpired) at a current ground rent of £100 per annum (rising).

Rights of Pre-emption
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Management and Insurance
The Freeholder has the right to manage and insure.

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Property Location

Property Marketed by Allsop LLP

Address: 33 Wigmore Street, West End, London

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