Lot
017
Auction: December 2020 Online Auction 09/12/2020

Apartment 62, Bolanachi Building, Spa Road, London SE16 3SG

Property Details
Location
Description
A large and stylish, fourth floor, one bedroom apartment with generous private balcony enjoying views towards The Shard, St Paul's Cathedral and The City. The apartment comprises entrance hall with walk-in utility/storage cupboard, generous reception room with dining area and sliding doors to the west facing balcony, open plan fitted kitchen with integrated appliances, double bedroom and contemporary bathroom. In addition, the property benefits from double glazing, central heating (not tested) and is currently tenanted, producing a rental income of £20,700 per annum.
Location
The Bolanachi Building is accessed from Spa Road and is only a short walk from Bermondsey Underground Station [Jubilee Line] and fashionable Spa Terminus market. The famous Borough Market is approximately 1 mile away.
Accommodation

Fourth Floor:Entrance Hall, Storage Cupboard, Bathroom, Kitchen-Living Room, Bedroom

Outside
The property benefits from a private balcony.
Tenure
Unknown
Tenancy
The property is let by way of an Assured Shorthold Tenancy agreement at a rent of £1,725 pcm (£20,700 per annum) until August 2021.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. The property is listed with a Council Tax assessment in Band D.

3. Energy Performance Certificate = B.

4. The internal photographs were taken prior to the tenant taking occupation of the property.

5. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 8TH DECEMBER AND CLOSES ON WEDNESDAY 9TH DECEMBER.
Addendum
The property is held by way of a 125 year lease from 1 January 2010.

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