Guide price
£75,000
1 bed flat for saleFlat 5, 62 Coombe Road, Croydon, Surrey CR0
1 bed
EPC Rating: D
Just added
Auction
Leasehold
About this property
Guide Price = £75,000+
**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Second Floor One Bedroom Flat in Need of Modernisation
Tenure
Leasehold. The property is held on a 125 year lease from 20th August 1980 (thus approximately 78 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lloyd Park are within easy reach. Transport links are provided by South Croydon rail station.
Description
The property comprises a second floor one bedroom flat situated within a semi detached building arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from allocated parking.
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
D
**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Second Floor One Bedroom Flat in Need of Modernisation
Tenure
Leasehold. The property is held on a 125 year lease from 20th August 1980 (thus approximately 78 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lloyd Park are within easy reach. Transport links are provided by South Croydon rail station.
Description
The property comprises a second floor one bedroom flat situated within a semi detached building arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from allocated parking.
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
D
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Monthly repayment
£375 per month
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More information
Tenure
Leasehold (78 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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