Maria Court, Cypress Road, South Norwood, SE25
£115,000

Guide price

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £150,000

PURPOSE BUILT FIRST FLOOR STUDIO FLAT which is ideally located on the borders of Crystal Palace and ideal for local amenities and transport. Lease 152 years. Service Charge & Gronud Rent £2268 per anum. Croydon Council Tax Band B £1840.93

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

ENTRANCE: Communal entrance. Entry phone system. Stairs to first floor.

ENTRANCE HALL: Front door. Laminate wood flooring. Storage cupboard.

STUDIO ROOM: 14'6" x 11'11" (4.42m x 3.63m), Window to front. Laminate wood flooring. Radiator. Entry phone receiver.

KITCHEN: 11'6" x 5'0" (3.51m x 1.52m), Window to side. Range of wall and base units with work surfaces over. Electric oven, gas hob and extractor fan. Space and services for washing machine and fridge/freezer. Airing cupboard and storage. Stainless steel single drainer sink unit. Vinyl flooring.

BATHROOM: 6'11" x 6'3" (2.11m x 1.91m), Extractor fan. Tiled flooring. Radiator. Pedestal wash hand basin. Panelled enclosed bath with electric shower. Low level wc.

OUTSIDE

PARKING: Off street parking. (Awaiting verification).

AUTHORITY: London Borough of Croydon. Band B £1840.93

TENURE: "We are advised by the vendor that the Tenure is Leasehold with 152 years remaining, Service Charge and Ground rent is £ 2268.00.

our ref snmjdjs5240507

02036 455183

Northwoods - South Norwood

5 High Street, South Norwood, London, SE25 6EP

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