Unsold, please refer to the auctioneer

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By Order of the Housing Association

A spacious, first floor studio flat (334 sq ft) that would benefit from some cosmetic refurbishment, vacant.

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Description/Location

Situated in a sought after residential location close to Croydon town centre, Park Hill Park and East Croydon Station. The property is habitable but will benefit from redecoration and the installation of floor coverings. We estimate the current rental value at £900 pm.

Tenure

Leasehold: 99 years from 24/06/1988, ground rent £100 pa

Local Authority

London Borough of Croydon

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Front door to entrance hall, kitchen, bathroom, studio living room.

Rent

ERV: £10,800 pa

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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.