E391: Green Dale, Wanley Road, Camberwell, London SE5

E391: Green Dale, Wanley Road, Camberwell, London SE5

Twenty purpose built apartments

Sold on 125 year leases from 25th December 2013

At a combined (rising) ground rent of £5,900 per annum

(6 x £250; 10 x £300 & 4 x £350)

The ground rents double every twenty five years

The Landlord insures, manages and recovers costs by way of service charge from the Lessees

There is a Photovoltaic Panel on the roof which benefits from an Agreement until 11th January 2036 under the government feed – in – tariff scheme producing circa £2,000 per annum

Thus producing a combined income of around £7,900 per annum

The Landlord retains ownership of everything above the ceilings, everything below the floors, the entire building envelope as well as all internal and external common parts and has the full and free right at any time to develop any part of the Property as they may think fit.

The Lessees covenant not to make any alteration or additions without the prior written consent of the Landlord

Section V Notices have been served and the Lessees did not respond within the statutory time period

Sum Insured £3,105,640; Premium £2,742.66; Renewal Date 27th March 2019

Copy documents held: OCE’s, Draft Lease, Section V Notices and Insurance Schedule

GUIDE PRICE £180,000