Lot 71

LEASEHOLD RESIDENTIAL INVESTMENT

Flat 17, Clifton House, 19 Campbell Road, Croydon, Surrey, CR0 2SQ
Flat 17, Clifton House, 19 Campbell Road, Croydon, Surrey, CR0 2SQ
Withdrawn After

Currently let at £7,800 per annum

An excellent investment opportunity to acquire this purpose built third floor studio flat let on an Assured Shorthold Tenancy. The flat is now in need of modernisation and has secure gated access leading to a garage en-bloc and communal gardens.

The property is situated in a popular residential area and is close to Croydon town centre, with its array of shops and amenities. Transport links are provided by Croydon mainline railway station into London Victoria and the nearby A23.

Ground Floor

Entry-phone, communal entrance and hallway. Stairs leading to third floor.

Third Floor

Open plan living room/bedroom, kitchen and bathroom with W.C.

Outside

Communal gardens and garage en-bloc.

Tenancy

Let on a Periodic Tenancy at a current rental of £650 per calendar month.

Tenure

Remainder of 125 year lease from 26th August 1981 at a current ground rental of £5 per annum.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/