Auction House London

Lot 53

Flat - Flats / Apartments 

243A Gypsy Road

Crystal Palace, London, SE27 9QY

Unsold. Contact the auctioneer.

A First and Second Floor One Bedroom Split Level Flat Subject to an Assured Shorthold Tenancy Producing £13,762.32 Per Annum. Planning Permission has been Granted for a Rear Extension at First Floor Level and a Full Mansard Extension.

Description

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

Tenure

Leasehold. The property will be held on a new 250 year lease.

Location

The property is situated on a mixed-use road close to local shops and amenities. The open spaces of Norwood Park are within easy reach. Transport links are provided by both Gipsy Hill rail station and Crystal Palace overground station.

Accommodation

First & Second Floor
Open Plan Reception/Kitchen
Bathroom
Bedroom

Planning

Lambeth Borough Council granted the following planning permission (ref: 21/00911/FUL) on the 10th June 2021: 'Reconfiguration of the building involving the erection of a rear extension at first floor level and a full mansard extension together with the provision of additional windows on the front elevation to result in the extension of existing residential unit'.

Tenancy

The property is subject to an AST for a term of 12 months from 5th October 2020 at a rent of £1,146.86 pcm (holding over). We understand that the vendor has served notice on the tenant to vacate.

Note

The photos provided were taken prior to the tenant moving into the property.

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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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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