Lot 58 - Flat 1, 10 Farquharson Road, Croydon, CR0 2UH


 
 

About the property

Leasehold Garden Flat Investment

London Borough of Croydon

Situated off Oakfield Road, in a popular residential area close to local shopping/travelling facilities including West Croydon Rail Station.

A Self-Contained Ground Floor Flat with Basement and accommodation comprising:

Ground Floor
Entrance Hall
Reception Room
Bedroom
Kitchen
Bathroom/WC

Basement
Two Further Rooms

Sole Use of Garden at Rear

Let on an Assured Shorthold Tenancy for a term of 12 months from 23rd January 2019 at £900 per calendar month. Tenant holding over.
Producing £10,800 per annum

Leasehold for a term of 99 years from 25th December 1987 at a ground rent of £100 per annum

A Section 42 notice of the Landlord Reform Housing and Urban Development Act 1993 has been served on the freeholder seeking a lease extension of the existing lease and the purchaser will have the benefit of this notice.

EPC Rating: E

Inspection: By arrangement with the Auctioneers

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,000 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

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