Guide price

£440,000

Block of flats for sale
40 Sangley Road, South Norwood, London SE25

    Auction
    Freehold
    Added on 01/07/2026

    About this property

      For sale by auction 28th July 2026 at 12:00 £440,000 plus

      Freehold investment
      - four studio flats (one vacant)

      Location & Description
      A double-bayed house comprising 4 self-contained studio flats west of South Norwood Hill and mile from both Grangewood Park and Norwood Junction station.

      Accommodation
      Four studios each with kitchenette and bathroom/toilet

      Tenancy Details
      Each let on a lease to Cromwood Ltd as follows:
      Flat 1: 3 years from 1.12.25 at £925 pcm
      Flat 2: Offered Vacant
      Flat 3: 3 years from 1.10.22 (holding over) at £885 pcm
      Flat 4: 3 years from 1.12.25 at £925 pcm
      Each lease is subject to a Landlord's break on 6 months' notice after the 18th month and a tenant's break on 28 days notice when more than 6 months remaining and 7 days notice when less than 6 months remaining.

      Note
      1. A Certificate of Lawful Use or Development was granted by the London Borough of Croydon on 14.10.2018 (Ref: 18/04312/le) for the established existing use of four self-contained flats in the building.
      Auction Surveyor: Robert Woolfe
      Contact:

      Producing £32,820 P.A. & 1 vacant flat

      EPC Rating
      Flat 1 = E, Flat 3 = C, Flats 2 & 4 = D

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      Monthly repayment

      £2,201 per month

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