Back to auction

Lot 6 - Flat 3 Aspen Court, 88 Auckland Road, Crystal Palace, London, SE19 2DF

Guide Price* £110,000 +

Image 1 of 2
Image 2 of 2
Image 1 of 2
Image 2 of 2

Addendum

Any reference to a garage should be deleted, the property has the benefit of a parking space only, which is adjacent to the block of garages, please refer to the title plan within the legal pack in this regard.

Property Type
Studio
Tenure
Leasehold
Type
Residential
Bidder Security Deposit
£3,500*

Property Summary

  • Long leasehold ground floor flat
  • Studio room, kitchen, bathroom/wc, own parking space
  • Close to amenities and transport facilities.
  • Investment producing £10,380 per annum

Long leasehold ground floor purpose-built studio flat with own parking space. Investment producing £10,380 per annum.

Description

Long leasehold ground floor purpose-built studio flat with own parking space.

Location

The property is situated off Sylvan Hill, close to the junction with Acorn Gardens. Public transport facilities include Crystal Palace and Norwood Junction Overground and Railway stations. Shopping amenities can be found at the nearby Crystal Palace Triangle which benefits from many shops and cafes. Recreational pursuits are at the South Norwood Lake and Grounds, with Crystal Palace Park is also within close proximity.

Accommodation

Studio room, kitchen, bathroom/wc
Outside: Own parking space

Total floor area approximately 27sq.m (290.62 sq.ft)

The property benefits from gas central heating (not tested) and double glazing

Tenancy

Let on an assured shorthold tenancy for 12 months from 16/9/2023 at a rent of £865 per month.

Total current rent received £10,380 per annum

Lease Details

Held on a lease for a term of 125 years from 1st July 1984 at a ground rent of £50 per annum (rising).

EPC Rating

C

Council Tax Band

B

VAT

VAT is not applicable to this lot

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (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 Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £1,500 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £1,500 (inc. VAT).

Please note that Lots may be sold or withdrawn prior to auction.

Any information provided by SW Property Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as facts. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against SW Property Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of SW Property Auctions or the seller.

Loading the bidding panel...

Documents

Property Map

Office Contact

Dominic Smith
07999023451
SW Property Auctions,
4th floor,
87-88 Bartholomew Close,
London,
EC1A 7BL

Vendors Solicitor

Logo
Dollman & Pritchard incorporating Sandom Robinson and John Nash & Co
Nick Robinson
01883 347 823