Sold for £145,000

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A 1 bedroom ground floor purpose built flat (floor area approx. 437 sq.ft), vacant

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Description/Location

The property, which has a security entryphone system and gas central heating, is situated close to the brand new Paxton Academy Sports & Science School and the main A23 London Road with its multiple bus routes and shopping facilities. Thornton Heath railway station 0.7 miles.

The Vendor will upon the request of the Purchasers solicitor, within 10 days of exchange of contracts serve a Section 42 Notice on the Landlord, the Notice having been drafted by the Purchasers solicitor at the Purchasers cost. The benefit of the Section 42 notice will be assigned to the Purchaser on completion. The Deed of Assignment to be drafted and sent to the Vendor not less than 10 days prior to the completion date. All Landlords fees and expenses in respect of the Section 42 Notice are to be paid by the Purchaser.

Tenure

Leasehold

Local Authority

London Borough of Croydon

Viewing

Please contact James Alexander Network Auctions on 020 8679 8601.

Accommodation

Ground floor: Entrance hall, living room, kitchen, bathroom Outside: Communal gardens

Rent

Potential rent £10,800 per annum

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*Guide Price & Reserves

Generally speaking Guide Prices 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. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.