Council Tax Band: D
Tenure: Freehold
Part Vacant
Two Rooms Let, Three Rooms Vacant
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Location:
The property is situated on Whitehorse Road close to its junction with Northcote Road. Public transport links include Sellhurst Main Line Rail Station together with a network of local bus services. Road links include the A23 which provides access into central London to the north and to the M25 Motorway to the south. Shopping amenities can be found locally within Sellhurst with an extensive range of amenities being in Croydon Town Centre lying to the south. Recreational pursuits can be found at the nearby Whitehorse Road Recreational Ground.
Description:
The property comprises this five bedroom HMO investment opportunity with currently two rooms let but with huge investment potential once fully let. Three of the bedrooms have ensuite shower/wc facilities whilst the other two rooms have shared use of WC and washing facilities whilst all the rooms share the kitchen facilities at ground floor level.
Accommodation/Tenancy
Room1:
1 Bedroom with own ensuite shower and wc VACANT
Room2:
1 Bedroom with own ensuite shower and wc
Let on an AST that commenced 02/05/2022
Rent £695pcm
Room 3:
Bedroom with shared wc/washing facilities
Let on an AST that commenced 17/11/2022
Rent £675pcm
Room 4:
Bedroom with own ensuite shower and wc VACANT
Room5:
Bedroom with shared wc/washing facilities VACANT
Current Rent Reserved
£16,440
Note;
Based on the current rents payable if the entire property was let on the same basis it would produce annual gross rents of £41,220 per annum.
To view vacant parts:
3/10, 7/10, 9/10, 11/10 at 10.15am
No booking required – 30min time slots – Please arrive at the time stated
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
London
W6 9NA
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.