2 bed flat for sale

16 St. James Court, St. James's Road, Croydon, Surrey CR0

Guide Price = £90,000+

**For Sale By Public Auction 6th August 2025 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Third Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,840 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1934 (thus approximately 8 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Mitcham Common are within easy reach. Transport links are provided by West Croydon overground and rail stations.

Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors.

Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from communal gardens.

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of six months commencing 28th March 2015 at a rent of £820 per calendar month (Holding Over).

Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.

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
E


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