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40 Queens Mansion, South Croydon CR2 3 bed flat for sale

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40 Queens Mansion, South Croydon CR2 3 bed flat for sale

40 Queens Mansion, South Croydon CR2
£250,000

Our Summary

  • Guide Price £250,000 Plus FeesFor sale by unconditional online auction, registration is now open
  • For Sale by Online Auction on 25 June 20253 Bedroom Apartment138 Year LeaseTop FloorRefurbished ThroughoutModern Kitchen & BathroomPrime LocationA superb top floor, character apartment with recently extended 138 year lease, offering 3 bedrooms, reception room, bathroom and kitchen, situated on Brighton Road in a prime location close to South Croydon mainline station and the vibrant town centre
  • The property is being sold vacant but we have been advised that the potential rental income would be circa £1900pcm
  • TenureLeasehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
  • You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group

Description

This is a rare opportunity to purchase a beautifully refurbished 3-bedroom top floor apartment with a 138-year lease, located in a prime location on Brighton Road, close to South Croydon mainline station and the town centre. The property boasts modern kitchen and bathroom, double glazing, new fitted carpets, and freshly decorated throughout. With a potential rental income of circa £1900pcm, this property is an attractive investment opportunity. The lease runs from 1974 to 2163, and the vendor is willing to sell the property vacant. The property will be sold by unconditional online auction on June 25, 2025, with a guide price of £250,000 plus fees. Buyers will need to pay a 10% deposit and a buyers' administration fee of £1200 + VAT upon the fall of the hammer, and contracts will be exchanged 28 days later.