40 Sangley Road, South Norwood, London, SE25 6QX
Property Description
A double-bayed house comprising 4 self-contained studio flats west of South Norwood Hill and ½ mile from both Grangewood Park and Norwood Junction station.
(from floor plans)
Four studios each with kitchenette and bathroom/toilet
Each let on a lease to Cromwood Ltd as follows:
Flat 1: 3 years from 1.12.25 at £925 pcm
Flat 2: Offered Vacant
Flat 3: 3 years from 1.10.22 (holding over) at £885 pcm
Flat 4: 3 years from 1.12.25 at £925 pcm
Each lease is subject to a Landlord's break on 6 months' notice after the 18th month and a tenant's break on 28 days notice when more than 6 months remaining and 7 days notice when less than 6 months remaining.
PRODUCING £32,820 P.A. & 1 VACANT FLAT
1. A Certificate of Lawful Use or Development was granted by the London Borough of Croydon on 15.10.2018 (Ref: 18/04312/LE) for the established existing use of four self-contained flats in the building.
Auction Surveyor: Robert Woolfe
Contact: 07581 029501 robert.woolfe@strettons.co.uk
Based on the floor plans, Flat 1 has a shower room/WC
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
