Park Road, London
Sold Subject to Contract
2 beds | 1 bath | 1 reception | £210,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- CASH BUYERS ONLY " SOLD AS IS"
- Short lease 64 years approximately
- First floor character conversion flat
- Two bedrooms
- Double glazing
- Gas central heating with radiators
- Refitted kitchen & Refitted bathroom
- Does require some work
- In our opinion offers opportunity & potential
- Conveniently situated for shops, amenities & transport
Attention investors and developers: Here's an enticing opportunity for CASH BUYERS ONLY - a first-floor, two-bedroom character conversion flat boasting significant potential despite its short lease of approximately 64 years. The property features gas central heating with radiators, double glazing and a refitted kitchen and bathroom. While some additional work is required, this property offers ample opportunity for enhancement and growth. located for convenience being within close proximity to the high street, various amenities and is opposite Selhurst Football Stadium. Local buses and Norwood Junction BR/Overground Station offering frequent trains to London, make it an attractive prospect for commuters. Properties with such potential are in high demand.
Tenure: Leasehold - Lease term: 99 years from the 24th June 1989 - Service charge - £118.80 PER MONTH Ground rent: £150.00 (RISING TO £200 PLUS ADDITIONAL RENT) (LEASEHOLD ADVISORY CALUATION FOR A LEASE EXTENTION COST IS APPROXIMATELY £36,000 PLUS COSTS, PLEASE SEEK LEGAL ADVICE IN THIS RESPECT AS THIS IS A GUIDE ONLY) - EPC rating: D - Croydon Council tax band C: £1,990.72 - If required parking permits are available from the Council, there maybe additional costs associated with this. Please make your own enquiries with the Council in this regard.
We carry out best endeavours to make our marketing material accurate and reliable, however they do not form part of any contract and is not to replied upon. Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.
For broadband and mobile phone coverage at the property in question please visit: https://checker.ofcom.org.uk/en-gb/broadband-coverage and https://checker.ofcom.org.uk/en-gb/mobile-coverage respectively.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
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