2 Bedroom Detached Bungalow, 6 Croham Mount, South Croydon, CR2 0BR

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 2 Bedroom Detached Bungalow in a quiet and much sought after residential area of South Croydon. This auction is recommended for cash buyers only.

The accommodation briefly comprises: To the ground floor there is a lounge, dining room, kitchen, separate bathroom & W.C and a double bedroom with an adjoining lean-to providing a patio style garden entrance. To the first floor there is a landing leading to a well sized bedroom and adjoining store room.

Externally there is a small front garden with garage & driveway and to the rear there is a large garden.

The property and its grounds are in need of a thorough renovation with scope to reconfigure and perhaps extend (subject to the usual planning consents) presenting an exciting opportunity for those looking for a modernisation project.

Remedial works include (but not limited to); some roof work which has caused damage to the upstairs bedroom ceiling and ceiling repair work to the lounge believed to be an internal issue (see photos for more detail). Due to the general condition, we believe it unlikely that a buyer would be able to secure lending on the property, for this reason, this auction is recommended for cash buyers only. The property is sold as seen and the price reflects the defects evident. As a result there will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property; see special conditions for further information.

Viewing is essential for this property so please visit the Hammer Price Homes website, register as a buyer and book on to an open day.

Location

The property is located on a quiet residential street in South Croydon and is just a 5 minutes drive from Croydon Town Centre which offers a wealth of local amenities. The property is extremely well placed for commuters, with Sanderstead Train Station located just a 10 minute walk away, providing regular services into the heart of the City including direct services to both London Victoria  (23 minutes) and London St Pancras International (37 minutes). Green open spaces are nearby, with Lloyd Park, Coombe Park, Croham Hurst Woods and South Croydon Recreational Ground all within close proximity to here.

Special Conditions

Recommended for cash buyers only due to the general condition of the property, there will be no grounds to withdraw from the sale with a return of the reservation fee reservation fee citing issues around securing lending on the property. Other terms & conditions apply

Auction Details

** Recommended for cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT)  payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Thursday 6^th February 2020 at 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Tuesday 4^th February 2020 (Please note bidding won’t be possible until this time)

Starting price – £279,000 (Reserve price is higher & unpublished)

Other Information

Tenure – Freehold

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.

Please read the buyer terms and FAQ’s on the site for more details.

 This is a probate property and is sold as seen. The solicitor to the estate has never lived there and may not be able to answer the usual pre-contract questions.