Lot 57 - 102A Oval Road, Croydon, Surrey, CR0 6BL
Lot 57 - 102A Oval Road, Croydon, Surrey, CR0 6BL
Addendum
The property has been postponed from auction.
Guide Price* : £150,000+
- Unconditional Online Auction Sale
- 1 Bedroom
- |
- 1 Bathroom
Lot 57 - Investment/Development Opportunity
Description
ONLINE AUCTION from 10th MARCH-12th MARCH
A mid-terraced basement flat with rear garden, in need of renovation works, situated in a highly sought-after location close to East Croydon Station.
The property requires refurbishment and is considered ideal for investment purposes. Rental demand on this street can achieve approximately £1,250–£1,400 per calendar month, depending on condition.
We have not inspected the property but have been informed that the accommodation comprises a living area, kitchen, toilet and one bedroom.
Lease Start Date
17/10/2014
Lease Duration
999 years (988 years unexpired)
Tenancies
To be sold with vacant possession
Tenure
Advised share of Freehold - to be verified by solicitor
Lease term: 999 years from 17 October 2014 (expiring 16 October 3013), with approximately 988 years remaining.
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
Guide Price* : £150,000+
- Unconditional Online Auction Sale
- 1 Bedroom
- |
- 1 Bathroom
Lot 57 - Investment/Development Opportunity
Viewing
Paul Fosh Auctions
Joint Agent
Howard Bowes
Office Contact
James Hollingsworth
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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