Land in London

Land to the rear of 48A Albert Road, London SE25 4JE
  • Lot No: 142
  • Property Type: Land
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £120,000+ plus fees

Property Description

The site comprises a roughly triangular shaped site measures approximately 181 sq. m (1,950 sq.ft.). Offered with direct access and frontage to Albert Road. The site is situated on a residential road and close to local shops and amenities. The open spaces of South Norwood Recreation Ground is within easy reach. Transport links are provided by Norwood Junction over ground station. The planning proposes a luxury three bedroom dwelling. Interested parties are advised to inspect the planning portal via Croydon Borough Council (ref: 20/06589/FUL) on 02/03/2021: Erection of a two storey, 3 bedrooms residential dwelling (Use class C3) and associated cycle parking, refuse storage and associated works. Services Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement. Rights of Way, Wayleaves, Easements, Restrictive Covenants ETC The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Potential

May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 29th February 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Land to the rear of 48A Albert Road, London SE25 4JE