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For Sale By Auction | 12:00, 23 February 2016 | Lot 15

55D Penge Road, South Norwood, London, SE25 4EJ

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  • Apartment
  • 1 Bedroom
  • Tenure: Leasehold. The property is held on a 125 year lease from 23rd December 2006 (thus approximately 116 years unexpired).

Call the team on 020 7625 9007 for more information

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Auction Date

Tue 23/02/2016

Auction Time

12:00

Auction Venue

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

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A One Bedroom Ground Floor Garden Flat Subject to an Assured Shorthold Tenancy Producing £8,400 per annum

The property comprises a ground floor one bedroom garden flat within a mid terrace building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 23rd December 2006 (thus approximately 116 years unexpired).

Location

The property is situated in the South East London area of South Norwood close to local shops and amenities. The open spaces of South Norwood Country Park and Betts Park are within close proximity. Transport links are provided by Norwood Junction Overground and Birkbeck Rail Stations .

Accommodation

Ground Floor Reception Room with open plan Kitchen Bedroom Shower room with wash basin Separate WC & wash basin

Exterior

The property benefits from a private rear garden.

Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £700 per calendar month.

Current Rent Reserved £8,400 per annum

Viewing Details

Wednesday 10th February 16:00-16:30 Friday 12th February 16:00-16:30 Wednesday 17th February 16:00-16:30 Friday 19th February 16:00-16:30

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

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.