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For Sale By Auction | 12 noon, 09 December 2015 | Lot 38

Flat 3, 1 Borough Hill, Croydon, Surrey, CR0 4LP

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Sold

  • Studio
  • Tenure: Leasehold. The property will benefit from a new 125 year lease.

Call the team on 020 7625 9007 for more information

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To Bid

Auction Date

Wed 09/12/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

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A Ground Floor Self-Contained Studio Flat. Offered with Vacant Possession

The property comprises a ground floor self-contained studio flat within a detached building arranged over ground and first floors.

Tenure

Leasehold. The property will benefit from a new 125 year lease.

Six Week Completion

Location

The property is situated on a quiet residential road in Croydon near local shops and amenities. The open spaces of both Dupas Hill and Wandle Park are both within easy reach. Transport links are provided by Waddon rail station.

Accommodation

Ground Floor Studio Room Kitchen Bathroom

We understand from the vendor that this property can qualify for Croydon Council's Guaranteed Rent Scheme. This could provide a rental income of £8,695 per annum. The freeholder has granted permission to create a door to access the garden.

Viewing Details

Tuesday 24th November 11:00-11:30 Friday 27th November 11:00-11:30 Tuesday 1st December 11:00-11:30 Friday 4th December 11:00-11:30

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.