Lot 42
    Flat
    16 Watson Place
    South Norwood, London, SE25 5EX
    Sold for £206,000.
     
    Number 1
    A Substantial Ground Floor One Bedroom Flat (710 sq ft). The Flat Affords Scope for Reconfiguration to a Two Bedroom (Subject to All Relevant Consent)
    By Order of the LPA Receivers

    Description

    The property comprises a ground floor one bedroom flat situated within a purpose built building arranged over ground and three upper floors. Originally the property was a B1a office space and is still classified as such.

    Tenure

    Leasehold. The property is held on a 125 year lease from 24th December 2012 (thus approximately 115 years unexpired).

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Heavers Meadow South Norwood Recreation Ground are both short walks away. Transport links are provided by Selhurst rail station.

    Accommodation

    Ground Floor
    Open Plan Reception/Kitchen
    Bedroom
    Shower Room

    GIA 66 sq m (710 sq ft)

    Exterior

    The property benefits from communal gardens.

    Note

    We understand that the flat is occupied by a tenant who is paying rent directly to the borrower. Buyers should refer to the legal pack for further information. This flat is officially classified as a B1a office despite being used as a residential unit.

    The images in the auction particulars are taken from a valuation report in 2020 so buyers are advised that the current internal condition is likely to be different.
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    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.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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