This property is no longer on the market
2 bedroom property
Key information
Property description & features
- Large period freehold house - with driveway and rear access
- Converted into X4 self-contained flats
- Popular quiet London suburb
- Asset management and also further developement opportunity
- Suit investors/developers
- Currently producing £30,688.88 per annum (plus 1 vacant flat)
- BLOCK VIEWING at 2pm ON TUESDAY 17th OCTOBER
- Online Auction on Thursday, 19 October 2023
An attractive three storey period property that has been converted into X4 self-contained flats. They are all independantly metered and are built in accordance with planning requirements, building regulations and fire safety standards.
Three flats are accessed via a communal hallway that has just been painted. Flat A is a studio flat on the ground floor, Flat B is a first floor, 2 bedroom flat and Flat C on the top floor is a one bedroom split level flat that also has a small balcony. Flat D is a self contained large studio garden flat that is self-contained and accessed to the side of the property. This flat has just become vacant and is in need of refurbishment.
There is a driveway at the front of the building and there is a large rear garden that needs clearing, but could be developed subject to obtaining any necessary consents. We have been informed that the rear has the benefit of having the right of way across the neighbouring rear car parks, but please make your own enquiries and refer to the legal pack.
Location:
South Norwood is a district of south-east London in the London Borough of Croydon. It is located about 7.8 miles south-east of Charing Cross, north of Woodside and Addiscombe, east of Selhurst and Thornton Heath, south of Crystal Palace/Upper Norwood and Anerley, and west of Elmers End and Penge. Two A roads, the A215 and the A213 are in the South Norwood area. The A213 is High Street, Penge Road and Selhurst Road. The A215 is Portland Road and South Norwood Hill. Norwood Junction railway station is situated in the centre of South Norwood just off High Street. Southern and London Overground trains run to London Bridge and Dalston Junction. Fast trains generally take 10 minutes to reach central London and slow trains 20 minutes. Also London Victoria station trains take 20 minutes. East Croydon and West Croydon stations and urban and rural stations thereafter including regular train service to Clapham Junction, Wandsworth Common, Balham and Streaham. Selhurst station is nearby, from which one can catch direct trains to Kensington Olympia and Shepherd's Bush via a train service to Milton Keynes.
The property is located in a residentail area on the north side of Eldon Park near its junction with Albert Road.
Tenancy:
Please refer to the table and legal documents
Online Auction on Thursday, 19 October 2023. For further information, such as legal documents and property information, please visit bidx1.com.
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Broadband availability and predicted speed: obtained from Ofcom on December 28, 2021
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