A vacant 1 bedroom third floor apartment presented in excellent condition, located in Crystal Palace within walking distance of Crystal Palace Park and Anerley train station providing connections into London Bridge and East London via the London Overground line. Ideal for owner occupation or letting investment with an estimated rent of £1,250 PCM depending on condition, gross yield 8.8% PAX and a long lease of 150 years remaining.

Rooms

To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure
Leasehold with vacant possession

Lease
From and including 23 July 2021 to and including 23 June 2174 - 150 years remaining.

Ground rent and service charge
Ground rent: £100 per annum. Please see legal pack for further details.

EPC rating
D

Council tax band
B - Bromley

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

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1 bedroom apartment for sale

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