Property for sale in London SE25, 0 Bedroom

Lot 107 - This lot is for sale by auction as lot 107 on Thursday 28th March 2019.

A Freehold Ground Rent Investment secured upon a Mid Terrace Building internally arranged to provide Two Self-Contained Flats

Total Current Rent Reserved £550 per annum

Tenure
Freehold.

Location
The property is situated on the south side of Sangley Road, to the west of its junction with Whitworth Road. Local amenities are available in South Norwood, with the further facilities of Croydon being accessible to the south. Rail services run from Norwood Junction Station and the A23 is to the west, providing access to both the M23 and M25 Motorways. The open spaces of both Grangewood Park and South Norwood Recreation Ground are accessible.

Description
The property comprises a ground rent investment secured upon a mid terrace building arranged over ground and first floors beneath a pitched roof. The property is internally arranged to provide two self-contained flats.

Accommodation and Tenancies

Rights of Pre-emption
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Management and Insurance
The Freeholder has the right to manage and insure.

Seller’s Solicitor

Messrs Addleshaw Goddard (Ref: Bryony Hart).Tel: Email: Bryony.Hart@addleshawgoddard.Com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.