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Croydon CR0 2 bed ground floor flat for sale
Croydon CR0
£230,000
Croydon CR0
£230,000
Our Summary
- Guide Price £230,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 25 June 20252 Bedroom ApartmentGround FloorSpaciousPrivate Rear GardenVacantPopular LocationThis spacious two-bedroom ground floor conversion flat enjoys a popular residential location within easy reach of the town centre and a choice of stations, and benefits from a good size, private rear garden with side access
- 45AM* YOU MUST CONTACT THE OFFICE TO CONFIRM ATTENDANCE *TenureLeasehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
This spacious two-bedroom ground floor conversion flat is located in a popular residential area, within easy reach of the town centre and multiple train stations. The property boasts a private rear garden with side access, making it a rare find in the area. The accommodation includes two bedrooms, a hallway, reception room with doors to the garden, kitchen, and bathroom. The property is being sold vacant, and the sellers have confirmed a rental income of circa £1600pcm, which is an 8.3% yield at the guide price. The property is leasehold, with approximately 125 years remaining on the lease. The sale is being conducted by online auction, with registration open now and bidding opening on June 25th. A 10% deposit and buyers' administration fee of £1200 + VAT will be required upon the fall of the hammer. The purchaser will be legally bound to buy, and the vendor will be legally bound to sell, with a completion date of 28 days following the auction.