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2 bed Flat property

Available

For Sale

Listed Jul 16, 2025

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£165,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"Guide Price £150,000

**For Sale By Public Auction 2nd July 2025 09 30 AM To inspect the legal documents for this property go to our website to download the legal pack**

A Lower Ground and Ground Floor Two Bedroom Split Level Flat With a Private Rear Garden Subject to an Assured Shorthold Tenancy Producing £20,400 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 24th May 1991 thus approximately 66 years unexpired .

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of South Croydon Recreation Ground are within easy reach. Transport links are provided by Sanderstead rail station.

Description
The property comprises a lower ground and ground floor two bedroom split level flat situated within an end of terrace building arranged over lower ground, ground and first floors.

Accommodation
Lower Ground Floor
Two Bedrooms
Bathroom

Ground Floor
Reception Room
Kitchen

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,700 per calendar month.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90 years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D

There are no internal viewings"