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Flat 80, Altitude Apartments, 9 Altyre Road, Croydon CR0 5BP

Auction Event
 

Guide Price £150,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th January 2025

9.00am
Key Features
  • Council Tax Band: D
  • One Double Bedroom
  • Similar properties renting for £1500 pcm +
  • Prime location
  • EPC Rating: B
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Apartment

Property Description:

A one bedroom apartment located on the 14th floor of an iconic building within a stones throw of East Croydon Station, the property offers a high quality finish internally, including oak veneered doors and solid oak flooring throughout, neutral décor, double glazing and under-floor heating. The property is within easy walking distance of East Croydon station which has regular fast services to London Bridge, Victoria and Farringdon. It is also close to the well known BOXPARK which has numerous eating outlets and large screen live broadcasts of national sporting events.

This generously sized apartment comprises of an entrance hallway, a contemporary fitted kitchen equipped with fully-integrated Siemens appliances, open to a lounge/dining space.

The bedroom benefits from a picture window overlooking Park Hill Park and Surrey beyond - a much favoured side of the development whose views can also be enjoyed from the living space and well sized balcony. Built in wardrobes provides ample full height storage. The bathroom is modern and finished to a high standard.

Bedroom 2.68m x 2.46m
Kitchen 4.60m x 4.19m
Bathroom 1.70m x 2.36m

The entire apartment block benefits from being newly renovated and has two lifts, a concierge and a video phone entry system.

Secure underground parking is available at an additional cost.

The property represents a potentially lucrative opportunity for an investor or owner occupier and we understand a programme is now in place for cladding works. This would therefore present the new owner with the benefit of the works and uplift in value they would potentially provide. Interested parties are advised to inspect the legal pack for more information.

Leasehold Information

125 years from 1 June 2009. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Flood Risk

Rivers and Seas No Risk. Surface Water Medium.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 18 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£250

Unexpired Years

109

Annual Service Charge

£3,745


Utilities Information
  • Heating Supply: Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


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 3% 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.