5 Freelands Road, Bromley BR1
About this home
Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 0
Agent: Town & Country Property Auctions - London Phone: 01932 688017
<b>Guide Price £255,000 Plus Fees<br/>For sale by unconditional online auction, registration is now open. Bidding opens on 26/08/2026 10:00 and ends on 26/08/2026 13:20.</b><br/><br/>For Sale by Online Auction on 26 August 2026<br/>Two Bedroom Apartment<br/>Period Conversion in Victorian Property<br/>Character Features<br/>Communal Garden<br/>Tenanted at £1,700 pcm / £20,400 pa<br/>Excellent Location for Local Amenities<br/>Close to Bromley High Street<br/><br/>A stylish, two bedroom, first floor period conversion flat situated in a very convenient location. The property is set within an elegant and well-maintained Victorian property.<br/><br/>Character features include high ceilings, bay window, feature fireplace, period sash cord windows, picture rails and deep skirtings. Also benefits from a communal garden<br/><br/>There is a convenience store a short walk along the road and Bromley High Street is only half a mile with its vast selection of shops and restaurants. For stations, Bromley North is half a mile and Bromley South is just under a mile. An unexpected bonus is there are five local pubs all within half a mile.<br/><br/>Currently tenanted at £1700 pcm/£20,400 pa which is an 8% yield at guide.<br/><br/>Lease: 125 years from 14 December 2012<br/>Ground Rent: £150 per annum<br/>Service Charge is circa £700 per annum which includes the buildings insurance<br/><br/>Tenure<br/>Leasehold<br/><br/> <b>Terms</b><br/><br/><b>Legal Pack</b><br/><br/>To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk <br/><br/><b>UNCONDITIONAL LOT</b> Exchange and administration fee information: (plus fees)<br/>Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).<br/>In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.<br/><br/><b>Registration Process</b><br/>To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.<br/><br/>
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