Guide price
£440,000
Block of flats for sale40 Sangley Road, South Norwood, London SE25
Auction
Freehold
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
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
Mortgage calculator
Monthly repayment
£2,201 per month
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