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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 situated in Croydon, just off London Road, with easy access to local shopping and transportation facilities, including East and West Croydon train stations. The self-contained flat on the third floor of a purpose-built block features a reception room, two bedrooms, a kitchen, and a bathroom with WC. The property is let on an Assured Shorthold Tenancy at £1,300 per month, producing an annual income of £15,600. The lease has approximately 8 years unexpired, with a ground rent of £50 per annum. The property is being sold by online auction on October 22nd, 2025, with a guide price range and a reserve price set by the seller. The buyer will need to pay a buyer's fee of £1,200 (inclusive of VAT) for lots sold over £10,000, or £300 (inclusive of VAT) for lots sold for less than £10,000.