Property Details - 249 Whitehorse Lane, London

Sold for £18,000

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Lot 22

This older style property comprises a ground rent investment secured upon a mid terrace building arranged over ground, first and second floors beneath a pitched roof. The property is internally arranged to provide four self-contained flats and is situated on Whitehorse Lane, to the west of its junction with South Norwood Hill (A215). Local amenities are available within South Norwood, with the further and more extensive shopping facilities of Croydon being available to the south. Rail services run from Norwood Junction Station approximately 0.5 miles to the east. The A215 provides access to the A214 and in turn both the A23 and M25 Motorway. The open spaces of Grangewood Park are close by.

ACCOMMODATION & LEASES

Each flat is subject to a lease for a term of 125 years from 29th September 2012 (thus having approximately 121 years unexpired) at a total current ground rent of £1,000 per annum.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Croydon 0208 726 6000
All flats rated Band B for Council tax except for the first floor rear which is Band A

VIEWING TIMES

External Viewing Only

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Price Information

*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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

249 Whitehorse Lane, London

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