ROI = 11% BMV = 20.96%
Description

This converted studio apartment in the Dagnall Park area is available for sale with a short lease of 64 years (99 years from January 1, 1990), making it suitable for cash buyers only. The property features a spacious, bright living/studio area with high ceilings and a decorative fire surround, a separate kitchen overlooking the rear garden, and a separate bathroom. Although in need of modernization, it offers significant potential. Conveniently located near Selhurst and Norwood Junction BR/Overground stations providing quick access to London, making it ideal for commuters. Early viewing is recommended. Tenure : Leasehold (64 years remaining - 99 years from January 01 1990) Service Charge - 1/1/25- 31/12/25 £2,152.46 plus a one off payment of £2,614 for planned Section 20 works in the consultation period for roof works and rendering works We carry out best endeavours to make our marketing material accurate and reliable, however they do not form part of any contract and are not to be relied upon. Any buyers are advised to seek verification from their solicitor or surveyor. For broadband and mobile phone coverage at the property in question please visit:

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Property Details
  • Property ID: 159858896
  • Added On: 2025-03-26
  • Deal Type: For Sale
  • Property Price: £125,000
  • Bedrooms: 0
  • Bathrooms: 1.00
Amenities
  • CASH BUYERS ONLY - VERY SHORT LEASE
  • Character Conversion Studio Apartment
  • Requires modernisation
  • Double Glazing
  • Gas Central Heating
  • Dagnall Park Area
  • Convenient for Selhurst BR Station
  • Being sold with lease as is - 99 years from 1 January 1990 64 years remaining
  • Must be seen to be appreciated
  • Separate Kitchen