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386 London Road, Croydon CR0 2 bed flat for sale
386 London Road, Croydon CR0
£160,000
386 London Road, Croydon CR0
£160,000
Our Summary
- FOR SALE BY AUCTION: To be sold by public auction on the owner's instructions
- 'Auction dateThe property is to be sold by public auction on Friday, 28 November 2025, via a 2-hour online bidding windowDescriptionTwo bedrooms, Mid-floor, 721 SQFT, vacant, leasehold, balconyLocationCroydon, London, 1
- 6 miles to West Croydon Rail StationAccommodationMid-floor: two bedrooms, bathroomOutsideBalconyEPC ratingBTenureLeasehold with vacant possession125 years from 25 February 2011Approximate biannual service and ground rent charge of £2,500Local authority and council tax bandLondon Borough of CroydonCouncil tax band: DPre-auction bidsTo make a pre-auction bid, you must be an approved bidder
- The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable
- Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min
- £5,000) and all auction fees listed
- Auction feesIn addition to the 10% deposit (min
- £5,000) of your winning bid, you must pay an auction buying commission of 2
- 00 plus VAT) of the purchase price and auction buying fee of £1,900
- Auction Friday 23 January 2006
Description
This vacant, leasehold apartment is located in Croydon, London, and is being sold by public auction. The property has a balcony and an approximate extent of 721 square feet, with two bedrooms and a bathroom. The leasehold tenure has 126 years remaining from 2011, with a biannual service and ground rent charge of approximately £2,500. The property is ideal for investors, with a dense area of London and easy letting potential. The auction will take place online on a specific date, with a 2-hour bidding window. The buyer will need to pay a 10% deposit, auction buying commission, and additional fees may apply. The property is being sold with vacant possession, making it an attractive opportunity for those looking to invest in the London property market.