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A Substantial Ground Floor One Bedroom Flat (710 sq ft). The Flat Affords Scope for Reconfiguration to a Two Bedroom (Subject to All Relevant Consent)
The property comprises a ground floor one bedroom flat situated within a purpose built building arranged over ground and three upper floors. Originally the property was a B1a office space and is still classified as such.
Tenure
Leasehold. The property is held on a 125 year lease from 24th December 2012 (thus approximately 115 years unexpired).
By Order of the LPA Receivers
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Heavers Meadow South Norwood Recreation Ground are both short walks away. Transport links are provided by Selhurst rail station.
Accommodation
Ground Floor Open Plan Reception/Kitchen Bedroom Shower Room GIA 66 sq m (710 sq ft)
Exterior
The property benefits from communal gardens.
We understand that the flat is occupied by a tenant who is paying rent directly to the borrower. Buyers should refer to the legal pack for further information. This flat is officially classified as a B1a office despite being used as a residential unit. The images in the auction particulars are taken from a valuation report in 2020 so buyers are advised that the current internal condition is likely to be different.
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.