Ref: Lot 34
Town & Country Property Auctions are proud to offer this fantastic investment opportunity situated within the heart of Penge. This large three bedroom, maisonette apartment takes advantage of High Street Penge for all of it's many eateries, cafes, restaurants and shopping facilities.
The property is currently empty which gives the buyer the opportunity to designate the rooms as they wish, to suit their needs.
An example of how the property layout could be utilised, is as follows -
Private front door and staircase to first floor. To the first floor you find a large lounge to front, dining room to rear, room for shower room/w.c. and room for kitchen. Upstairs on the top floor sit three spacious bedrooms and bathroom. There is a loft space with this property featuring a window for natural light and insulation.
The transport links within easy reach with major Bus stops either side of the road with four train stations nearby, Penge West, Penge East, Kent House and Clock House.
The property is in need of refurbishment and has been priced accordingly, viewing strongly recommended to fully appreciate the size of the flat and the investment potential.
Length of lease - 125 Years from 1 October 2008
For ground rent and service charge please see the legal pack.
For sale by online auction on 30th November 2023
Bidding opens at 10:00am and closes from 12:00 noon
3 bedroom maisonette
Needs renovation work
Ideal investment opportunity
Located in the heart of Penge
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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