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Residential properties for auction in South Norwood, London

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
New
Property Summary
Ground rent Investment secured upon six self-contained flats.
Total rent reserved £2,100 per annum (rising)

Tenure
Freehold

Location
Situated between Holmesdale Road and Selhurst Road. Public transport includes Norwood Junction railway station. Shopping amenities are at the High Street. Recreation facilities can be found at South Norwood Country and Grangewood Parks.

Situation
Situated between Holmesdale Road and Selhurst Road.

Description
Freehold ground rents secured upon six self-contained flats.

Accommodation & Tenancies
Unit Lease Term From Rent per Annum
1 99 years 09/03/2018 £350 (Doubling every 20 years)
2 99 years 09/03/2018 £350 (Doubling every 20 years)
3 99 years 01/06/2018 £350 (Doubling every 20 years)
4 99 years 16/04/2018 £350 (Doubling every 20 years)
5 99 years 20/04/2018 £350 (Doubling every 20 years)
6 99 years 16/04/2018 £350 (Doubling every 20 years)
Total rent reserved £2,100 per annum (rising)

Note: We are advised that the property has further potential for development (subject to the necessary consents). Prospective purchasers must rely on their own enquiries in this regards.

Viewings
Wed 28th Nov 2018 at 12:15-12:45
Fri 30th Nov 2018 at 12:15-12:45
Tue 4th Dec 2018 at 12:15-12:45
Thu 6th Dec 2018 at 12:15-12:45
Mon 10th Dec 2018 at 12:15-12:45
1, Upper Grove, London, SE25 6JX
Ground rent Investment secured upon six self-contained flats
Type: Flat, Residential
Location: Flat 1, 1 Upper Grove, SE25 6JX
Images: 1
View Property
** UNSOLD - AVAILABLE AT £200,000 **

A two bedroom ground floor flat in need of modernisation, well located close to shopping and recreational amenities of South Norwood. Vacant.

Tenure
Leasehold. 99 years from 24th June 1985.
Ground rent £25 per annum.

Location
Located near to the junction of Albert Road and Eldon Park
An extensive range of shopping facilities can be found nearby along South Norwood High Street and Portland Road
The open areas of South Norwood Country Park and South Norwood Recreation Ground are both easily accessible
Norwood Junction

Description
A ground floor flat
Forming part of a two storey building
In need of modernisation
Own section of rear garden

Accommodation
Ground Floor – Reception Room, Two Bedrooms, Kitchen, Bathroom/WC
Six Week Completion

Viewing
Please refer to our website savills.co.uk/auctions
48, Albert Road, London, SE25 4JE
A two bedroom ground floor flat in need of modernisation.
Type: Flat, Residential
Location: 48 Albert Road, SE25 4JE
Images: 1
Brochures: 1
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