COVID-19 – Important Auction Information
For Sale By Auction | 9:45, 20 April 2022 | Lot 53

243A Gypsy Road, Crystal Palace, London, SE27 9QY

*Guide | £360,000+ (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. The property will be held on a new 250 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 20/04/2022

Auction Time

9:45

Auction Venue

Live Stream

A First and Second Floor One Bedroom Split Level Flat Subject to an Assured Shorthold Tenancy Producing £13,762.32 Per Annum. Planning Permission has been Granted for a Rear Extension at First Floor Level and a Full Mansard Extension.

The property comprises a first and second floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.

Tenure

Leasehold. The property will be held on a new 250 year lease.

Location

The property is situated on a mixed-use road close to local shops and amenities. The open spaces of Norwood Park are within easy reach. Transport links are provided by both Gipsy Hill rail station and Crystal Palace overground station.

Accommodation

First & Second Floor Open Plan Reception/Kitchen Bathroom Bedroom

Planning

Lambeth Borough Council granted the following planning permission (ref: 21/00911/FUL) on the 10th June 2021: 'Reconfiguration of the building involving the erection of a rear extension at first floor level and a full mansard extension together with the provision of additional windows on the front elevation to result in the extension of existing residential unit'.

Tenancy

The property is subject to an AST for a term of 12 months from 5th October 2020 at a rent of £1,146.86 pcm (holding over). We understand that the vendor has served notice on the tenant to vacate.

The photos provided were taken prior to the tenant moving into the property.

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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