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386 London Road, Croydon CR0 2 bed flat for sale
386 London Road, Croydon CR0
£180,000
386 London Road, Croydon CR0
£180,000
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 28 November 2025
Description
This vacant, leasehold apartment is being sold by public auction on November 28, 2025, and is located in Croydon, London. The property has two bedrooms, a bathroom, and a balcony, with a total floor area of approximately 721 square feet. The leasehold tenure is 126 years from 2011, with a biannual service and ground rent charge of around £2,500. The property is ideal for investors, as it is in a densely populated area with high demand for rental properties. The auctioneers are expecting the property to be in high demand and are encouraging potential buyers to make pre-auction bids. The auction will be held online, and bidders must be approved and have paid a security deposit to participate. The property is being sold with a 2.5% plus VAT auction buying commission and a minimum fee of £2,100 plus VAT.