June 2020: Wednesday 24 June 2020 - 10:00am
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    Key features

    • An impressive detached property
    • Arranged as seven self-contained flats
    • Investment let at £62,340 per annum
    • Located in the popular commuter town of Sevenoaks

    Description

    A detached property

    Arranged as seven self-contained flats

    Flats presented in good decorative order

    Potential to extend and reconfigure the flat with the regulated tenant once vacant possession is obtained and subject to the requisite consents

    Potential to reconfigure the whole property to a single dwelling subject to the requisite consents

    Positive pre-application received regarding development of part of site to 2 x four bedroom dwellings

    Garages

    Off street parking

    Front side and rear gardens

    Additional information

    Tenure

    Freehold.

    Accommodation

    Flat 1A - Lower Ground Floor - One Bedroom Flat, approximately 39.2 sq m (422 sq ft)

    Flat 1B - Lower Ground Floor - Two Bedroom Flat, approximately 78.7 sq m (847 sq ft)

    Flat 2 - Ground Floor - Two Bedroom Flat, approximately 152.7 sq m (1,644 sq ft)

    Flat 3A - First Floor - One Bedroom Flat, approximately 51.6 sq m (555 sq ft)

    Flat 3B - First Floor - Two Bedroom Flat, approximately 67.5 sq m (727 sq ft)

    Flat 4A - Second Floor - Two Bedroom Flat, approximately 51 sq m (549 sq ft)

    Flat 4B - Second Floor - Two Bedroom Flat, approximately 66.3 sq m (714 sq ft)


    Tenancy

    Flat 1A - Assured Shorthold Tenancy from 4th February 2020 - Rent £7,800 per annum

    Flat 1B - Assured Shorthold Tenancy from 1st December 2019 - Rent £10,800 per annum

    Flat 2 - Regulated Tenancy from 1st October 1986 - Rent £10,800 per annum

    Flat 3A - Assured Shorthold Tenancy from 4th December 2019 - Rent £10,200 per annum

    Flat 3B - Assured Shorthold Tenancy from 6th January 2020 - Rent £10,800 per annum

    Flat 4A - Vacant

    Flat 4B - Assured Shorthold Tenancy from 1st May 2019 - Rent £11,940 per annum

    Planning

    Positive pre-application advice was received from Sevenoaks district council on 2 April 2020 for "the erection of two dwelling houses (2 no 4 bed) with associated landscaping, parking and access works".

    Rent

    Total Current Rent £62,340 per annum
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Sevenoaks is a popular commuter town with a population of 29,000 located some 21 miles south of central London

      The property is situated close to the junction with London Road

      Shopping facilities are available locally and to a greater extent on the High Street along with a good selection of cafés, bars and restaurants

      Recreational facilities can be found a short distance away at Knole Park

      Nearby road communications via the A1 & A225

      Highly convenient for Sevenoaks railway station which provides regular services to London Bridge (fastest service approx. 25 minutes)

      Transport

      Sevenoaks (National Rail)

      Legal documents

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      EPC rating

      The EPC rating for this property is C

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums