Guide price
£135,000
1 bed flat for saleFlat 5, Oakwood Court, 7 Avenue Road, South Norwood, London SE25
1 bed
EPC Rating: E
- Auction
- Leasehold
Clive Emson Auctioneers
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About this property
For Sale by Online Auction
Auction Date : 01 may 2025
Lot Number : 144
Investment Flat In Popular London Suburb
Residential Investment
Leasehold
Current Rental : £10,471.20 per annum
*Guide Price : £135,000 Plus + Fees
This one-bedroom flat is situated on the top floor of a three storey purpose built block of six flats located in Avenue Road close to the popular South Norwood Lake & Grounds and convenient for commuting from Norwood Junction Station (Southern rail services and Winrush Overground line).
The property requires redecoration and refurbishment and is conveniently situated close to bars, shops, restaurants and cafés along the A213 High Street and Selhurst Road junction.
Ground Floor
Communal entrance.
Third Floor
Entrance, living room, kitchen, bedroom and bathroom with W.C.
Outside
Rear communal gardens, park and garage en-bloc.
EPC Rating E
Council Tax Band B
Tenure
Remainder of a 99-year lease from 25th March 1978.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement to the same occupant for the last 16 years, currently holding over on a periodic basis, at a current rental of £872.60 per calendar month.
Viewings
Strictly by appointment through Clive Emson Auctioneers and by courtesy of the tenant. We advise all interested parties not to make direct contact with the tenant. Please also note that due to the occupancy, we are unable to guarantee any fixed viewing appointment times which may be booked in advance.
Residential EPC: E
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
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