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Residential properties for auction in Elephant and Castle, London

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
New
Features
2 Bedroom apartment
Private west facing balcony
Average condition throughout
12 Minutes walk to Elephant and Castle Station
Leasehold – Circa 60 Years
Close to local shops and restaurants (Walworth Road)
Buyers Premium Applicable

Location
Walworth is a district of south east London, England, within the London Borough of Southwark. It is located 1.9 miles (3.1 km) south east of Charing Cross, near Camberwell and Elephant and Castle. Major streets in Walworth include the Old Kent Road, New Kent Road and Walworth Road.

Description
• For Sale By Online Auction: 17th & 18th December 2018
• Guide price: £300,000+
• 12 Minutes walk to Elephant and Castle station
• Estimated rental value £345PW
• West facing balcony
• Leasehold
A two-bedroom first floor apartment in the metropolitan area of Walworth road. The property comprises and open plan lounge/kitchen with access to a private west facing balcony. There are two bedrooms and a modern bathroom with shower. The property is serviced by a Valliant combination boiler.

Services
We understand the property has mains gas, electricity, water and drainage however interested parties should carry out their own investigations in this respect.

Tenure
Leasehold

Investment Analysis
This property would suit an investor who is looking to achieve long term rental returns. The property would also suit a first time purchase. Estimated rental of £345PW.

Guide Price
£300,000+

VAT
Non Applicable

Buyer’s Premium
Buyers premium of 2% (inc VAT) payable (min £3,600) Inc. VAT.

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Viewing by Appointment
To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060
Flat 1, 312a Hardwick House, Walworth Road, London, SE17 2NA
A Two bedroom first floor apartment with modern fixtures and fittings and a west facing private balcony
Type: Flat, Residential
Location: Flat 1, 312a Hardwick House Walworth Road, London, SE17 2NA
Images: 9
Brochures: 1
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