Maisonette
A two bedroom ground floor maisonette located in an idyllic cul de sac in need of cosmetic refurbishment and with excellent potential to add value.
Furrows close is close to the town and also the countryside, the maisonette is surrounded by communal gardens, greenery and trees.
The property offers a porch, entrance hall, lounge/diner, separate kitchen, two generous bedrooms, a wet room and a garage.
The property has the potential to add significant value and would make a good BTL investment. Properties in Furrows close rarely come available to rent and can command in the region of £1,500 pcm in rental income. (£18k per year)
Viewings are available as is a walkthrough video which can be accessed by clicking on the virtual tour
The maisonette located in a highly desirable cul-de-sac within easy reach of local shops in Caterham on the Hill, there are railway stations in Caterham and Whyteleafe with services into London and many schools for all age groups. The commuter by car also has the benefit of the M25 motorway which can be accessed at Godstone junction 6. Caterham Valley has a more comprehensive selection of High Street shops, including a Waitrose and Morrisons Supermarket. Locally there is a Sports Centre within half a mile at De Stafford School in Burntwood Lane and a Golf Course in Chaldon with stunning views over greenbelt countryside. The area has many fine open spaces including Manor Park, Kenley Common and the North Downs.
We have been advised there are 36 years remaining on the lease. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Construction Material: Standard brick. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT, Sky and Virgin show as available in this area.
Leasehold. Vacant possession upon completion.
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Garage En Bloc, Communal
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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 Price
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.
