Lot 144 Investment Flat In Popular London SuburbAuction Date:
1st May 2025
Flat 5, Oakwood Court, 7 Avenue Road, South Norwood, London, SE25 4EQ
Currently let at £10,471.20 per annum
Key Features
This one-bedroom flat is situated on the top floor of a three storey purpose built block of six flats located in Avenue Road close to the popular South Norwood Lake & Grounds and convenient for commuting from Norwood Junction Station (Southern rail services and Winrush Overground line).
The property requires redecoration and refurbishment and is conveniently situated close to bars, shops, restaurants and cafés along the A213 High Street and Selhurst Road junction.
Ground Floor
Communal entrance.
Third Floor
Entrance, living room, kitchen, bedroom and bathroom with W.C.
Outside
Rear communal gardens, park and garage en-bloc.
EPC Rating E
Council Tax Band B
Tenure
Remainder of a 99-year lease from 25th March 1978.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement to the same occupant for the last 16 years, currently holding over on a periodic basis, at a current rental of £872.60 per calendar month.
Viewings
Strictly by appointment through Clive Emson Auctioneers and by courtesy of the tenant. We advise all interested parties not to make direct contact with the tenant. Please also note that due to the occupancy, we are unable to guarantee any fixed viewing appointment times which may be booked in advance.
There is an addendum available to be read
in conjunction with the legal documentation.
Further Information
Russell Hawkes/Chris Milne
on 01622 608400
Viewings
Applicants may view the lot externally only
Legal Documents
Sign In to view legal documents for this property
- Special Conditions
- Office Copy Entries
- Lease(s)
- Local Authority Search
- Tenancy Agreement(s)
- Property Information Form
- Leasehold Information Form
- Fixtures and Fittings Form
- EPC
- Other Documentation
- Online Auctions Buying Guide
Service Providers
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Local Information
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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 Buyers Fees
