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3 bed Flat For Sale £190,000
40 Purley Downs Road, Purley, London CR8


Description
For sale by auction on Wednesday, 08 Sep 2021 at 14:00

Venue: Live stream www.AuctionHouse.Online,

of interest to investors A first floor 3 bedroom maisonette producing A rental income of £12,000 pa (5.4% yield if purchased at guide price)

A 3 Bedroom maisonette, currently tenanted in Purley, South Croydon boarders, good size rooms and natural light, could benefit with redecoration throughout. The property has central heating.

Accomodation
Entrance Hall
Lounge: 10'9 x 10'5 (3.28m x 3.18m)
Kithchen:11'5 x 10'7 (3.48m x 3.23m)
Bedroom 1: 11'3 x 11'1 (3.43m x 3.38m)
Bedroom 2: 8'7 x 8'0 (2.62m x 2.44m)
Bedroom 3: 7'8 x 5'6 (2.34m x 1.68m)

exterior
Located in a semi detached building with the benefit of double glazing and rear garden.

Location
On the border of South Croydon, this maisonette is
walking distance to Purley Town centre, shops, restaurants and bars as well as Purley train station with good links to London.

Tenancy
A 12 Month Assured Short Hold Tenancy Agreement is in place from the 2nd of February 2021 at £1,000.00 per calendar month. The tenants have been resident since 2020 and the vendor confirms no arrears or late payments

viewings
Strictly by appointment with auctioneer Tel: EPC Rating: D

Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Follow the link for more information:
        
zoopla.co.uk

  
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