Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £575,000 - Buy as a family HOUSE or as an INVESTMENT (To rent with current tenant) or DEVELOPMENT (Plans to convert to 3 flats) - This property offers the buyer several options.

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

The house is currently set up as a 4 bedroom 2 bathroom home which is let out and achieving £2795pcm (that's £33,540pa). Notice would need to be served in line with the terms of the current tenancy agreement should the buyer require the tenants to vacate. The property also has PLANNING PERMISSION GRANTED to convert to 3 good sized FLATS - On the ground floor a 3 bedroom, 2 bathroom flat with rear terrace - On the first floor a 2 bedroom, 2 bathroom flat with a balcony - and on the top floor a 1 bedroom flat with a balcony. Rear garden with garage at rear.

DEVELOPMENT OPTIONS - Should the buyer be interested in the development aspect then it is considered that the conversion costs would be in the region of £350,000. The resale value of the 3 flats once completed is considered to be in the region of £1,400,000. Any buyer should of course complete their own research into the building costs and potential resale values.

Maintained in good decorative order and nicely presented throughout, this family house has southerly aspect views over Norbury Park. Streatham Common and The Rockery are not far away. Norbury station is close by as are a good selection of shops and schools.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedures are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Additional Information:
Being sold via Secure Sale online bidding. Terms & Conditions apply.
4 bedroom house - Planning permission to convert to 3 flats
Backing a park - close to amenities
Council Tax:

Band E

Energy Performance Certificate (EPC) Rating:

Band E (39-54)

Marketed by EweMove Sales & Lettings (Southend) - Property Reference 39405

This property is no longer available

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4 bedroom end of terrace house for sale