Lot 87

LEASEHOLD RESIDENTIAL INVESTMENT

Flat 4, 31 Canning Road, Croydon, Surrey, CR0 6QD
Flat 4, 31 Canning Road, Croydon, Surrey, CR0 6QD
Withdrawn After

Currently let at £8,400 per annum

An excellent investment opportunity to acquire this third floor Victorian conversion, split level studio flat, let subject to an Assured Shorthold Tenancy.

The property is situated in a popular residential area and is close to local shops and amenities. Transport links are provided by East Croydon mainline railway station a short distance away.

The flat is in good condition having recently been decorated by the tenant. Outside there are communal gardens to the front and rear.

Ground Floor

Communal entrance hallway and stairs rising to third floor.

Third Floor

Open plan split level living room/bedroom and kitchen, separate bathroom with WC and wash basin.

Outside

Communal gardens to the front and rear.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.

Tenure

Sold on a 99 year lease from 29th September 1987 at a starting ground rental of £100 rising to £300 throughout the term.

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/