in London

Ground Rent at 251 Eltham High Street, London SE9 1TY
  • Lot No: 103
  • Contract Type: Unconditional with Variable Fee

Guide Price* £2,500+ plus fees

Property Description

A ground rent investment opportunity in Eltham, London, comprising a commercial unit and three apartments. Ground Floor 251 Eltham High Street, London Lease Term: 125 years from 25th March 2017 Ground Rent: Peppercorn. Flat A 251 Eltham High Street, London Lease Term: 125 years from 25th March 2017 Ground Rent: £200 per annum increasing to £400pa at year 33, and increasing to £600pa after 33 years for the remainder. Flat B 251 Eltham High Street, London Lease Term: 125 years from 25th March 2017 Ground Rent: £200 per annum increasing to £400pa at year 33, and increasing to £600 after 33 years for the remainder. Flat C 251 Eltham High Street, London Lease Term: 125 years from 25th March 2017 Ground Rent: £200 per annum increasing to £400pa at year 33, and increasing to £600 after 33 years for the remainder. Interested parties are advised to inspect the legal pack for more information.

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 26th June 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

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Ground Rent at 251 Eltham High Street, London SE9 1TY