Flat 1a, 632 Old Kent Road, Bermondsey, London, SE15 1JB

Guide Price* : £245,000 plus

FOR SALE ON BEHALF OF THE JOINT LPA RECEIVERS

Upon Instructions of

Joint LPA Receivers

  • Residential Duplex Apartment
  • Approximately 61.81 sq m (665 sq ft) GIA
  • Popular Busy Location Near Bermondsey

Description

The property is accessed via a shared entrance to the first floor and comprises a second and third floor duplex residential apartment situated above a parade of commercial/retail units.

Internally, the accommodation is divided to provide a living space, kitchen/diner, communal bath/shower room and separate cloakroom on the second floor, with two living spaces located on the third floor, one of which benefits from a small en-suite shower room and totals approximately 61.81 sq m (665 sq ft) GIA. The property has UPVC double glazing, gas central heating, laminate flooring and LED spotlighting throughout.

Location

The property is located on Old Kent Road, a popular and busy location approximately 0.6 miles south of Bermondsey.

The property benefits from being within walking distance of all necessary amenities, to include restaurants, independent retailers, café’s, supermarkets and schools, to name a few.

The property is located approximately 0.7 miles north east of Queens Road (Peckham) overground station, which provides frequent commuter trains to central London within 15 minutes.

Tenure

We understand the property is held Long Leasehold title number TGL530344. The property is held for a term of 125 years commencing 29th March 2019 on a peppercorn rent.

Planning Authority

Southwark Council - www.southwark.gov.uk

Legal Pack

The Vendor's solicitors have not yet received the management pack/replies to LPE1 from the Freeholder as at 14 May 2024.

Bidder Registration

Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.

VAT

Refer to the legal documentation

Energy Performance Certificate

EPC - C:80

Contact

Lucy Garner Currie

Vendor's solicitor

Brecher
Judith Stacy

jstacy@brecher.co.uk

Joint auctioneers

Lambert Smith Hampton Harry Stevens

hastevens@lsh.co.uk

* 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.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Joint Agent

Harry Stevens

Office Contact

Lucy Garner Currie
02071982000

Vendor

Joint LPA Receivers

Vendors Solicitor

Judith Stacy

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2024

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.