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29 Fold Apartments, Station Road, Sidcup, Kent DA15 7AP

Sold After

Lot 2

Auction Date:

13th September 2023
at 12:00 pm
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EPC Rating: C

Tenure: Leasehold

Viewing Dates

Fri 1st September 2023 12:00 - 12:30
Thu 7th September 2023 12:00 - 12:30
  • Open-House Viewing: Fri 1st September - 12:00am - 12:30pm
  • Open-House Viewing: Thur 7th September - 12:00pm - 12:30pm

A LONG LEASEHOLD TWO BEDROOM APARTMENT WITH ITS OWN PARKING SPACE CURRENTLY TENANTED AND PRODUCING £15,900 PER ANNUM REFLECTING AN 8.0% YIELD IF PURCHASED AT GUIDE

A leasehold two bedroom flat located on the fifth floor of this purpose build modern development, the property benefits from its own parking space, a communal roof top terrace, and is adjacent to Sidcup train station. The property is currently tenanted at £1,325 per calendar month , thus producing £15,900 per annum. The property is held on a 250 year lease from 10.06.11 (thus 238 years remaining).

ACCOMMODATION

Lounge/Kitchen: 15’7″ x 15’4″ (4.8m x 4.7m) Bedroom: 14’7″ x 9’1″ (4.5m x 2.8m) Bedroom: 11’8″ x 11’4″ (3.6m x 3.5m) Bathroom: 6’8″ x 6’8″ (2.1m x 2.1m)

LOCATION

The property is located on station road Sidcup, close to all local amenities and the station being located directly beside the development, offering direct and fast trains into London.

EXTERIOR

The building is very modern and has great communal areas which are well looked after, there is a communal roof terrace with nice panoramic views.

VIEWING

Strictly by appointment with the Auctioneer Tel: 01622 589 623

Additional Fees

Administration Fee
0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Buyer's Premium
£1800 inc VAT payable on exchange of contracts.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

13/15 Ripple Road, Barking, East London. IG11 7NN

0203 174 0330

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29 Fold Apartments, Station Road, Sidcup

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