* Freehold
* For Sale by Online Auction
* Auction Date : 20 March 2024
* Lot Number : 26
* Freehold Ground Rents
* Ground Rents
* Freehold
* *Guide Price : £2, 500 Plus + Fees
An established mid - terrace property converted into two flats, each sold on a
ground lease for a term of 125 years from 29th September 2006 at a current
ground of £100 per annum, doubling every 25 - year period.
The leases provide for the freeholder to arrange for the maintenance,
management and insurance of the building recovering the costs from the
leaseholders by way of a service charge.
**Auctioneer's Note**
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been
served and the leaseholders have not reserved their rights under the
legislation. **
Important:
All lots are sold subject to the Common Auction Conditions and Special
Conditions of Sale (unless varied by the Sellers Solicitors), together with
the Addendum, which will be available on the Auction Day. **
**Please note, following the Governments advice, lots are now being offered
via our online platform. To register for our online auction please go to our
online auction page . For further information please go to or call us on .
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up - to - date information.
*An Administration fee and Other non - optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to **

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