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Nottingham Road, South Croydon, CR2

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

474 sq ft

44 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • One-bedroom purpose-built apartment
  • Separate reception room
  • Separate bedroom
  • Bathroom
  • Allocated parking in rear communal car park
  • Leasehold with approximately 43 years remaining
  • Offered via secure online auction, subject to terms and conditions

Description

ONE BEDROOM PURPOSE-BUILT APARTMENT | FIRST FLOOR | SOUTH CROYDON | ALLOCATED PARKING | LEASEHOLD | SOLD VIA ONLINE AUCTION

Description

Park & Bailey are pleased to offer to the market this one-bedroom purpose-built apartment, situated in a residential area of South Croydon and offered for sale via secure online auction, with terms and conditions applying.

Positioned on the first floor, the accommodation comprises a reception room, separate bedroom and bathroom, providing a practical layout suited to a range of buyers, including investors and those looking for a first property.

The property further benefits from allocated parking within a rear communal car park, with a parking permit required.

The apartment is held on a leasehold basis, with approximately 43 years remaining on the lease. Prospective purchasers are advised to make their own enquiries regarding the lease terms, any potential extension and the associated costs before proceeding.

Auction Sale

The property is being sold via a transparent online auction operated by Pattinson Auction. The advertised price represents a guide price or starting bid and is subject to a reserve price. The property may be sold before the advertised auction end date.

Viewings are strictly by appointment. Interested parties are advised to review the legal pack and seek independent legal advice before bidding, ensuring they fully understand the purchase process, lease arrangements and additional fees payable.

An opportunity to acquire a one-bedroom apartment in South Croydon, with allocated parking and the potential to suit buyers seeking an investment or residential purchase, subject to their own financial and legal due diligence.

Additional Information

  • Tenure: Leasehold

  • Lease remaining: 43 years

  • Council Tax Band: C

  • Annual ground rent: £30

  • Annual service charge: £1,200

  • Parking: Allocated space, permit required

  • Sale method: Secure online auction

Important Auction Information

A legal pack is available on request and should be reviewed by a solicitor before bidding.

Under the stated auction terms, the successful bidder may be required to pay a non-refundable deposit equivalent to 5% of the purchase price upon exchange of contracts. A separate non-refundable reservation fee of up to 6% including VAT may also apply, subject to a stated minimum fee of up to £7,200 including VAT. These charges are additional to the agreed purchase price and should be factored into the overall acquisition costs, alongside any applicable Stamp Duty Land Tax.

All prospective purchasers should verify the current auction terms, fees, lease details and legal documentation before making a commitment.


EPC Rating: C

Disclaimer

For more information on our referral fees, please visit our Referral Fee Disclaimer

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Nottingham Road, South Croydon, CR2

Approximate location

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Affordability

Monthly repayments£654
Property: £ 130,000
Deposit: £ 13,000
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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About Park & Bailey, Warlingham

426 Limpsfield Road, Warlingham, CR6 9LA
Industry affiliations:

It's about people and property.

Established in 1953 and with a network of five local offices, the Park & Bailey brand is synonymous with high quality service which is delivered through the commitment of the staff we employ who care passionately about our customers and property.

We believe in building strong relationships with our customers to ensure that moving home is as successful and as smooth as possible. At Park & Bailey we realise that our clients' needs are often complex and are based around busy lifestyles.

Our property consultants are trained to make sure they fully understand these requirements ensuring that we can offer a tailor-made service and highly effective marketing plan based around those specific needs.

Finally, we have been chosen as local representatives for the Guild of Professional Estate Agents, something very few agents can claim. In addition we have signed the code of conduct for the Ombudsman scheme as approved by the OFT.

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Disclaimer - Property reference 0fe30a47-cf8f-4886-a42f-55b04ef1f1e4. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Park & Bailey, Warlingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Park & Bailey, Warlingham on 01883 770543.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.