*Guide | £120,000+ (plus fees)
- Flat
- 2 Bedrooms
- Tenure: Leasehold. The property is held on a 125 year lease from 1st March 2008 (thus approximately 106 years unexpired).
Call the team on 020 7625 9007 for more information
A Seventh Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £16,500 Per Annum (Reflecting a Gross Initial Yield of 13.75%)
The property comprises a seventh floor two bedroom flat situated within a purpose built block arranged over ground and eleven upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 1st March 2008 (thus approximately 106 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Park Hill Recreation Ground are within easy reach. Transport links are provided by West Croydon overground station and South Croydon rail station.
Accommodation
Seventh Floor Reception Room with Open-Plan Kitchen Two Bedrooms Bathroom
Tenancy
The property is subject to a Periodic Tenancy for a term of 12 months commencing 19th March 2022 at a rent of £1,375 per calendar month (Holding Over).
Energy Efficiency Rating (EPC)
Current Rating B
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
