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2 bedroom flat for sale
48 Albert Road, Norwood Junction, SE25 4JE
£110,000
48 Albert Road, Norwood Junction, SE25 4JE
£110,000
Our Summary
- LOT 19 **FOR SALE BY ONLINE AUCTION** on 22nd October 2025 Six Week Completion or Earlier Leasehold Flat Vacant Possession Situated on Albert Road, close to local shopping/travelling facilities including Norwood Junction Train Station
- A Self-Contained Ground Floor Flat requiring modernisation with accommodation comprising: Entrance Hall Living Room Kitchen Bedroom (One) Bedroom (Two) Bathroom/WC Leasehold for a term of 99 years from 24th June 1985 (thus having approximately 59 years unexpired) at a ground rent of £50 per annum
- 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 is being sold by online auction on October 22nd, 2025, with a six-week completion or earlier. The property, located on Albert Road, is close to local shops, transport links, and South Norwood Country Park. The flat, which requires modernization, comprises an entrance hall, living room, kitchen, one bedroom, and a bathroom/wc. The lease has approximately 59 years unexpired and a ground rent of £50 per annum. The property has an EPC rating of C and is in Council Tax Band B. The guide price is not specified, but the reserve price will be set within the guide range or no more than 10% above a single figure guide. A buyer's fee of £1,200 incl. VAT will be payable for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.