Property for sale in Hearnville Road, London SW12
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- For sale by auction
- Ground rent
Lot 142 - This lot is for sale by auction as lot 142 on Thursday 19th July 2018.
A Freehold Ground Rent Investment secured upon a Mid Terrace Building arranged to provide Two Self-Contained Flats
The property is situated on the north side of Hearnville Road, to the west of its junction with Chestnut Grove. The amenities of Balham are within reach to the east. Rail and Underground services run from Balham Station and the open spaces of Wandsworth Common are to the west.
The property comprises a ground rent investment secured upon a mid terrace building which is internally arranged to provide two self-contained flats.
The ground floor flat is subject to a lease for a term of 189 years from 25th March 1975 (thus having approximately 146 years unexpired) at a ground rent of a peppercorn. The first and second floor flat is subject to a lease for a term of 189 years from 25th December 1999 (thus having approximately 170 years unexpired) at a current ground rent of a peppercorn.
Rights of Pre-emption
The lessees have elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.
Management and Insurance
The Freeholder has the right to manage and insure.
Messrs Womble Bond Dickinson (Ref: Tw). Tel: Email: Trudy.Wrobel@wbd-uk.Com
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Allsop LLP, and do not constitute property particulars. Please contact Allsop LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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