Sold Prior | Lot 49

Basement Area, 121 Queen Mary Road, Norwood, London, SE19 3NL

Sold Prior

  • Property For Sale
  • Tenure: Leasehold. The property is held on a 125 year lease from 25th June 2021 (thus approximately 125 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Tue 14/09/2021

Auction Time

10:30

Auction Venue

Live Stream

A Residential Development Opportunity (Subject to Obtaining all Necessary Consents).

The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 25th June 2021 (thus approximately 125 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Norwood Grove Park are within easy reach. Transport links are provided by Norbury and Gipsy Hill rail stations.

Accommodation

The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents).

We have been advised that the sale will include freeholder's consent for any work at nil premium. Prospective buyers are advised to check the legal pack for further details.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.