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16 St. James Court, St. James's Road... 2 bed flat for sale
16 St. James Court, St. James's Road, Croydon, CR0 2SE
£80,000
16 St. James Court, St. James's Road, Croydon, CR0 2SE
£80,000
Our Summary
- LOT 129 *FOR SALE BY ONLINE AUCTION* on 22nd October 2025Leasehold Flat InvestmentSituated off London Road, close to local shopping/travelling facilities available in Croydon Town Centre including East Croydon and West Croydon Train Stations
- 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
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold flat investment is located on the third floor of a purpose-built block off London Road in Croydon, close to local shopping and transportation facilities. The flat has three bedrooms, a reception room, kitchen, and bathroom, and benefits from communal gardens. The property is let on an Assured Shorthold Tenancy at £1,300 per month, producing £15,600 per annum. The lease has approximately 8 years unexpired and is subject to a ground rent of £50 per annum. The guide price for the property is £130,000 to £140,000, and there is a buyer's fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000.