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2 Crescent Road, London SE18 7BN SE18 7BN

This centre-terraced property has been converted into a pair of flats, both of which have been sold off on 99 year leases from 25th December 2001 and both are producing annual ground rent income of 150 pa (300 in total). The property is located within walking distance of Woolwich Arsenal Mainline Station and we are disposing of the freehold interest. We understand that Section 5 notices have been served and the tenants have not exercised their right to purchase under the relevant legislation.

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

1. Buyers Premium of £600 inclusive of VAT
2. Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
3. Stamp Duty - rates easily available on-line
4. Your solicitor fees and any survey fees
5. Insurance - it is your responsibility from the date of exchange to insure the property purchased.