A Spacious One-Bedroom Ground Floor Flat - Ideal Investment Opportunity. Offered to the market is this generously proportioned ground floor one-bedroom flat, set within a purpose-built development and offering excellent potential for modernization. Perfect for investors or first-time buyers looking to add value, the property benefits from a very reasonable service charge and ground rent. The flat comprises a large living area, separate kitchen, double bedroom, and bathroom - all in need of updating, allowing the new owner to refurbish to their own taste and standards. Further benefits include allocated parking and secure entry. Situated within walking distance of tram stops and offering convenient access to East Croydon Station, the property is ideally located for commuters. A range of local shops, cafes, and amenities are also within easy reach. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Barnard Marcus
