Flat 19 Caversham House, 18 Kingston Gardens, Croydon, Surrey, CR0 4TX

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 0

Agent: Auction House London - Hampstead Phone: 020 8022 1911

<b>Guide Price =</b> <b>£95,000+<br/><br/>*For Sale By Online PublicAuction 24th June 2026 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*<br/><br/>A Third Floor Studio Flat Subject to a Periodic Tenancy Producing £10,800 Per Annum<br/><br/></b><b>Tenure</b><br/>Leasehold. The property is held on a 99 year lease from 25th December 1988 (thus approximately <b>61 years unexpired</b>).<br/><br/><b>Location</b><br/>The property is situated on a residential road close to local shops and amenities. The open spaces of Guy Road Recreation Ground are within easy reach. Transport links are provided by Waddon rail station.<br/><br/><b>Description</b><br/>The property comprises a third floor studio flat situated within a purpose built building arranged over ground and three upper floors.<br/><br/><b>Accommodation</b><br/><b>Third Floor</b><br/>Studio Room<br/>Bathroom<br/><br/><b>Accommodation</b><br/><b>Exterior</b><br/>The property benefits from allocated parking.<br/><br/><b>Tenancy</b><br/>The property is subject to a Periodic Tenancy at a rent of £900 per calendar month.<br/><br/><b>Note</b><br/><b>Further Information</b><br/>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.<br/><br/><b>EPC Rating</b><br/>D<br/><br/><b>Viewing Schedule (No Booking Required)</b><br/><br/>Addendum<br/>The freeholder's managing agent (Together Property) have advised that there is an error in section 32 of their covering letter to the management pack, and have confirmed that The property is NOT considered Relevant under the Building Safety Act