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ONLINE AUCTION from 16th MAY-18th MAY
Situated in this very sought after and popular residential area being and being sold at auction is the freehold ground rent interest secured upon a substantial detached family home which is set back from Grosvenor Road behind a deep front garden. The property also benefits from a large rear garden.
Buyers are please asked to verify the ground rent income for themselves by inspecting the online legal pack.
The freehold ground rent interest being sold is subject to the remainder of a 999 year FR&I occupational ground lease and produces a yearly ground rent income of approx. £12.50 per annum which will pass to the new buyer.
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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