1 Bed Flat For Sale

South Norwood Hill, London

SE25 6BY

£65,000

Added 03 May 2024

Property Details

Property Type

Flat

Bedrooms

1

Location

SE25

Description

Guide Price = £65,000+



**For Sale By Public Auction 21st May 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**



A Vacant First Floor One Bedroom Flat



Tenure

Leasehold. The property is held on a 99 year lease from 25th March 1983 (thus approximately 57 years unexpired).



Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Grangewood Park are within easy reach. Transport links are provided by Norwood Junction overground and rail stations.



Description

The property comprises a first floor one bedroom flat situated within an end of terrace building arranged over the ground and two upper floors.



Accommodation

First Floor

Reception Room with Open-Plan Kitchen

Bedroom

Bathroom

Separate WC



Exterior

The property benefits from a parking space.



Further Information

When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.



EPC Rating

D



Open House Viewings:

Viewing Schedule (No Booking Required)



Tuesday 7 May 13:30 - 14:00

Thursday 9 May 13:30 - 14:00

Saturday 11 May 14:00 - 14:30

Monday 13 May 13:30 - 14:00

Wednesday 15 May 13:30 - 14:00

Friday 17 May 13:30 - 14:00





Addendum

The property benefits from a parking space.

Location

Map showing SE25 6BY

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Auction House London directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Auction House London

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