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A Two Bedroom First Floor Flat Subject to a Periodic Tenancy Producing £12,300 per annum
The property comprises a first floor two bedroom flat situated within a purpose built building arranged over ground and four upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 25th December 1988 (thus approximately 94 years unexpired).
By Order of the Executors
Location
The property is situated close to the shops and restaurants of Croydon town centre. The open spaces of Wandle Park are within easy reach. Transport links are provided by both West Croydon and East Croydon rail stations.
Accommodation
First Floor Hallway Reception Room Kitchen Two Bedrooms (One with En-Suite) Bathroom
Exterior
The property benefits from a terrace, communal gardens and a designated underground parking space.
Tenancy
The property is subject to a Periodic Tenancy a rent of £1,025 per calendar month. The tenants have been in occupation since 2004.
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.