Property description
**For Sale by Auction on 27th Feb 2014**
By Order of the Trustee in Bankruptcy
A Vacant Detached Building Currently Arranged As Four Self-Contained Units (One x Three Bedroom, Three x Two Bedroom). The Building is Part-Let Producing £41,400 per annum. Offered with Vacant Possession of Unit A.
Guide Price = £600,000+
Tenure
Freehold
Location
The property is situated in the popular south west London area of Oval close to the shops and restaurants of Clapham Road. The open spaces of Kennington Park and the Kia Oval Cricket Ground are both within close proximity. Transport links are provided by Oval underground station (Northern line).
Description
The property comprises a detached building arranged over lower ground, raised ground and two upper floors. It is currently arranged to provide four self-contained units.
Accommodation Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
| 61A | Lower Ground | Open Plan Reception Room/Kitchen, Three Bedrooms (one with ensuite Shower Room), Shower Room | Vacant (previously let at £1,408 pcm) | |
| 61B | Raised Ground | Open Plan Reception Room/Kitchen, Two Bedrooms, Shower Room | AST expiring on 5th May 2014 at a rent of £1,250 pcm | £15,000 |
| 61C | First | Open Plan Reception Room/Kitchen, Two Bedrooms, Shower Room | AST expiring on 21st March 2014 at a rent of £1,200 pcm | £14,400 |
| 61D | Second | Open Plan Reception Room/Kitchen, Two Bedrooms, Shower Room | Periodic Tenancy producing £1,000 pcm | £12,000 |
Current Rent Reserved £41,400 per annum. Vacant Possession of Unit A
Exterior
61A benefits from a rear garden
Note
There is an enforcement notice on the building (ref: EN/08/00161/3CN5). Further detail is provided within the legal pack. Prospective buyers are advised to make their own enquiries with Lambeth Council.