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Lot - 20 Norbury Court Road, Norbury, London, SW16 4HT

Guide Price* £10,000 +

Property Type
Block of Apartments
Tenure
Freehold
Type
Residential
Bidder Security Deposit
£3,500*

Property Summary

  • In the same ownership for over 37 years
  • Freehold Ground Rents
  • Secured upon 4 self-contained flats
  • Investment

Freehold ground rents secured upon 4 self-contained flats. Ground Rent Investment.

Description

A two-storey semi-detached house divided into four self-contained flats located within a mainly residential catchment area.

Location

Situated between London Road and Norbury Crescent. Public transport includes Norbury railway (Southern, Thameslink networks) station. Shopping amenities are at London Road. Recreation facilities can be found nearby at Norbury Park.

Lease Terms

Address Lease Term Effective from Ground Rent (p.a.)
First floor flat 1, 20 Norbury Court Road, Norbury, London, SW16 4HT 189 years 29/9/1987 Peppercorn
First floor flat 2, 20 Norbury Court Road, Norbury, London, SW16 4HT 99 years 29/9/1987 £100
Ground floor flat 3, 20 Norbury Court Road, Norbury, London, SW16 4HT 189 years 29/9/1987 Peppercorn
Ground floor flat 4, 20 Norbury Court Road, Norbury, London, SW16 4HT 189 years 29/9/1987 Peppercorn
Total ground rent payable £100 per annum

EPC Rating

Not applicable

VAT

Please refer to the legal documents

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 £2,000 (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 £5,500 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £2,000 (inc. VAT).

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Documents

Property Map

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EC1A 7BL

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