For sale by Unconditional Online Auction.

A two-bedroom, ground floor apartment let at £18,000 per annum located in Catford, South East London.


Situated on Crantock Road in a popular, residential area of Catford, is this two-bedroom, two-bathroom apartment. The property comprises two double bedrooms, an open plan living area with fully fitted kitchen, a family bathroom and ensuite shower room. The property is recently renovated and remains in excellent condition throughout, ideal for a buy to let investor or owner occupier. Access into the well-kept communal gardens can be gained via the reception room and one of the bedrooms.

The apartment is let until July 2023 at £1,500 per calendar month (£18,000 per annum). Prospective buyers are advised to inspect the legal documents in this respect prior to placing their bid, as this will be binding.

All necessary amenities and services can be found nearby including a number of cafes, restaurants and bars and plenty of shopping facilities. There are good transport links in the area including Bellingham Station which provides a direct route to Central London.

Please note: Photographs were taken before current tenant moved in.

Entrance Hallway
Open plan living area with kitchen
Two double bedrooms
One en suite
Family Bathroom

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.