Block of Apartments in London

15 Vaughan Road, London SE5 9NZ
  • Lot No: 117
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Variable Fee

Guide Price* £975,000+ plus fees

Result Sold Prior to Auction

Property Description

A simply stunning investment property in the heart of Camberwell SE5. Having been recently refurbished to an extremely high standard and with all 4 apartments now fully occupied and generating a very impressive £68,362.32 in yearly rental income. 15 Vaughan Rd is definitely one to add to any serious investors portfolio. This period property is laid out over 3 floors and boasts 4 apartments with a total of 1,732 sq ft of accommodation on offer. The property is very well located with numerous local amenities, shops, restaurants and transport links making it an ideal investment. The property is set out with a 2 x 2 bedroom apartments, a 1 bedroom apartment and a studio apartment. We have been informed that if the apartments were to be sold off individually they would command a figure in excess of £1.75m.

Apartment One

Ground Floor. 592 Sq Ft (55 sq m)


Apartment Two

258 Sq Ft (24 sq m)


Apartment Three

312 Sq Ft (29 sq m)


Apartment Four

570 Sq Ft (53 sq m)


Rental Information:

Flat 1: £1700pcm. Flat 2: £1146.86pcm. Flat 3: £1050pcm. Flat 4: £1800pcm


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 30th March 2023

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

15 Vaughan Road, London SE5 9NZ