Block of Apartments
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 £68,500 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.
Ground Floor. 592 Sq Ft (55 sq m)
258 Sq Ft (24 sq m)
312 Sq Ft (29 sq m)
570 Sq Ft (53 sq m)
Flat 1: £1700pcm. Flat 2: £1100pcm. Flat 3: £1050pcm. Flat 4: £1800pcm
Freehold. Subject to tenancy.
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.
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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
