LOT 2

107a & b Seely Road & land adjoining Eastbourne Road, Tooting, London, SW17 9QX

107a & b Seely Road & land adjoining Eastbourne Road, Tooting, London, SW17 9QX

Sold for £619,000


Property Details
An end terrace building arranged as 2 x 2 bedroom flats, both let, and a vacant workshop with potential for development, subject to the necessary consents.
The workshop was, until recently, let for £550 pcm.
107a is currently let for £1,050 pcm on a periodic tenancy.
107b is currently let for £1,350 pcm and will move on to a periodic tenancy from 16th June.
Access to both flats and the workshop is via Eastbourne Road.
The property is situated within half a mile of Tooting Station (overground), and within a mile of Tooting Broadway Station (London underground).
  • Freehold
  • Investment & development opportunity
107a (First Floor Flat) Exterior
Ground floor entrance, stairs to 1st floor, reception room with archway to kitchen, 2 bedrooms, bathroom Front garden, L-shaped rear yard (access from 107b & side entrance)
107b (Ground Floor Flat) Gas Heating
Reception room with archway to kitchen, inner hall, 2 bedrooms, bathroom No warranty is given for their working order
Workshop (land adjoining Eastbourne Rd)
Ground floor work area & WC, stairs to 2 further rooms

Other Information
Local Authority – London Borough of Merton
EPC Ratings – 107a: D, 107b: C, Workshop: G

Tenure
Freehold

Viewings
Strictly by prior appointment with the auctioneers

Additional Information

A contract administration charge of £1,000 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.

Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.

*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.