Sold Prior | Lot 56

Basement at 1 Borough Hill, Croydon, Surrey, CR0 4LP

Sold Prior

  • Residential Development
  • Tenure: Leasehold. The property will be held on a new 125 year lease upon completion.

Call the team on 020 7625 9007 for more information

Auction Date

Tue 23/02/2016

Auction Time

12:00

Auction Venue

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

A Residential Development Opportunity (subject to obtaining all necessary consents). Planning Permission has been Submitted to Create a Self-Contained Lower Ground Floor Flat.

The property comprises a development opportunity to create a lower ground floor flat beneath an existing semi-detached building arranged over ground and three upper floors.

Tenure

Leasehold. The property will be held on a new 125 year lease upon 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

The proposed application will require the buyer to excavate the area below the ground floor and to create a two person self-contained flat.

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Planning

Planning permission has been submitted to Croydon Council (Ref: 16/00708/P) on the 12th February 2016: 'Excavation to provide a basement to create a one bed self-contained flat'.

Viewing Details

Refer to us directly: 020 7625 9007

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.