E585 Upper Tulse Hill, Tulse Hill, London SW2

Nine Apartments in a new build corner Development

sold on 125 year leases, one from 1st January 2018, eight from 2019

at a combined (rising) ground rent of £4,100 per annum

The ground rents are reviewed every ten years to RPI

The Landlord Insures, Manages and recovers costs due from the Lessees

collecting the Insurance Premium AS ADDITIONAL RENT

Sum Insured: £2,172,270. Premium: £1700.25. Renewal: 13th May 2021

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can Develop as they see fit.

Lessees cannot alter their premises without the written consent of the Landlord.

Eight of the Leases require Deeds of Rectification: their term commencement dates have been altered in drafting but someone forgot to change the review date

Section V Notices have not yet been served

Copy documents held electronically: Picture Gallery displaying the beauty of the Development, including night-time; Executed Lease; Insurance Summary; Ground Rent Schedule; details of Rectification required.

Original Developer Selling

GUIDE PRICE £102,500