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Floorplan
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    Key features

    • To be offered on Wednesday 26 February
    • In the same ownership for approximately 38 years
    • A three storey detached licensed HMO
    • Currently arranged to provide ten rooms with an additional room to the rear with own access
    • Totalling approximately 2,536 sq ft
    • The property has been used as an HMO since 1987
    • Total current rent- £160,381.00 per annum
    • Conveniently located for the transport links and amenities of Croydon

    Description

    A three storey detached licensed HMO

    Rear garden


    Main Building- Virtual Tour

    Rear Studio- Virtual Tour

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor- Four Rooms (each fitted with Kitchenette's and en-suite Shower/WC)

    First Floor- Four Rooms (each fitted with Kitchenette's and one with en-suite Shower/WC), Shower/WC

    Second Floor/Top Floor- Two Rooms (each fitted with Kitchenette's), Shower/WC


    Ground Floor- Rear Room with Kitchenette, Shower/WC

    Tenancy

    We understand that Croydon Council has occupied the property for the past thirteen years and are invoiced monthly with rent paid in arrears each month. When fully occupied the property produces approximately £13,365,09 ex VAT per month. Please refer to the legal pack for further information.

    Rent

    Total Current Rent- £160,381.00
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Located near to the junction of Beech House Road and Chatsworth Road

      An extensive range of shopping facilities can be found nearby in the centre of Croydon

      Recreational amenities of Park Hill Park and Lloyd Park are both easily accessible

      Transport

      National Rail- East Croydon

      Croydon Tram Link- East Croydon

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums