Lot 1
    Studio
    Flat 2
    1 Borough Hill, Croydon, Surrey, CR0 4LP
    Sold for £90,000.
     
    Number 1
    A Ground Floor Self-Contained Studio Flat. Offered with Vacant Possession
    Six Week Completion

    Description

    The property comprises a ground floor self-contained studio flat within a detached building arranged over ground and first floors.

    Tenure

    Leasehold. The property will benefit from a new 125 year lease.

    Location

    The property is situated on a quiet residential road in Croydon near local shops and amenities. The open spaces of both Dupas Hill and Wandle Park are both within easy reach. Transport links are provided by Waddon rail station.

    Accommodation (2nd Column)

    Ground Floor
    Studio Room
    Kitchen
    Bathroom

    Note (2nd Column)

    We understand from the vendor that this property can qualify for Croydon Council's Guaranteed Rent Scheme. This could provide a rental income of £8,695 per annum. The freeholder has granted permission to create a door to access the garden.

    Viewing Details

    Tuesday 24th November 11:00-11:30
    Friday 27th November 11:00-11:30
    Tuesday 1st December 11:00-11:30
    Friday 4th December 11:00-11:30
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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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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