July 2022: Tuesday 19 July 2022 - 9:00am
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Floorplan
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    Key features

    • A site of approximately 0.94 acres
    • Currently arranged as two detached houses together and a plot of land to the rear
    • The houses are currently let on ASTs producing £34,633.56 per annum
    • Potential for redevelopment of the site subject to the requisite consents, pre-application submitted for residential redevelopment with a positive response
    • Highly convenient for Gatwick Airport and Horley railway station

    Description

    Two detached houses together with a plot of land to the rear forming a total site area of approx. 0.94 acres

    Potential for redevelopment of the site subject to the requisite consents

    Additional information

    Tenure

    Freehold.

    Accommodation

    97 Povey Cross Road

    Ground Floor - Reception Room, Dining Room Kitchen, Utility Room, Store, Separate WC

    First Floor - Master Bedroom with Ensuite Shower Room, Two Further Bedrooms, Bathroom, Separate WC


    Assured Shorthold Tenancy at a rent of £1,560 per month


    99 Povey Cross Road

    Ground Floor - Entrance Hall, Reception Room, Kitchen/Diner

    First Floor - Three Bedrooms, Bathroom


    Assured Shorthold Tenancy at a rent of £1,326.13 per month


    Mainly grassland plot to the rear of the houses of approx. 0.41 acres

    Planning

    A pre-application (ref PA/0179/2018) was submitted to Mole Valley District Council for residential redevelopment with a positive response, see the legal pack for further details

    Rent

    Total current rent £34,633.56 per annum

    Notes

    Please note the red line is on photo is an identification purposes only. Please see the legal pack

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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.

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      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

      Situated on the north side of Povey Cross Road near it's junction with London Road

      Shopping facilities can be found close by while the centre of Horley to the north east provides a variety of cafes, bars and restaurants

      The surrounding countryside provides a variety of walks and recreational areas

      Highly convenient for Gatwick Airport

      Transport

      National Rail - Horley

      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.

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