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Auction
Leasehold

Guide price

£110,000

1 bed flat for sale

Flat 1, 71 Selhurst Road, Selhurst, London SE25
1 bed
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Guide price

£110,000

1 bed flat for sale
Flat 1, 71 Selhurst Road, Selhurst, London SE25

    • 1 bed

  • EPC Rating: E

Auction
Leasehold

About this property

    Please refer to auctioneer for more information Guide Price = £110,000+

    **For Sale By Public Auction 7th August 2025 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

    A Ground Floor One Bedroom Flat

    Tenure
    Leasehold. The property is held on a 99 year lease from 24th June 1984 (thus approximately 58 years unexpired).

    Location
    The property is situated on a residential road close to local shops and amenities. The open spaces of Heavers Meadow are within easy reach. Transport links are provided by Selhurst rail station.

    Description
    The property comprises a ground floor one bedroom flat situated within a semi-detached building arranged over ground, lower ground and two upper floors. The property requires a program of refurbishment. We are informed by the seller that the ground rent is £80 per annum.

    Accommodation
    Ground Floor
    Reception Room
    Kitchen
    Bedroom
    Bathroom

    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


    Open House Viewings:
    Viewing Schedule (No Booking Required)

    Thursday 24 July 2025 1:30 pm - 14:00
    Saturday 26 July 2025 1:30 pm - 14:00
    Monday 28 July 2025 1:30 pm - 14:00
    Wednesday 30 July 2025 1:30 pm - 14:00
    Friday 1 August 2025 1:30 pm - 14:00
    Tuesday 5 August 2025 1:30 pm - 14:00

    Addendum
    Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

    More information

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