3 bed flat for sale

Aberfeldy House, John Ruskin Street, Southwark, London SE5

*For Sale By Auction via Secure Online Bidding. Terms and Conditions apply.*

Excellent investment opportunity. Cash Buyers Only.

Long-term tenants (AST). Long Lease 100+ Years

Aberfeldy House:

The property is located minutes from Oval Underground Station (Northern line Zone 2), with plenty of local amenities in a residential area, popular with young professionals and families.

3 bedrooms, 1 bathroom, WC and existing HMO Licence.

Split over two levels and over 900 square feet, everything is very well maintained with long term tenants who are look after the property. Residents' parking permits available.

Leasehold - 105 years remaining

Ground Rent: £10 /Annum

Service Charge: £4522.64 /Annum Includes All Heating and Hot Water.

Auctioneers Information

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the Pattinsons Auction House (the Auctioneer). Bids can be made via the auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between the agent and the Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid, all buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

EPC rating: C.