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Lot 5 Click here for addendum

Freehold – 2 Vacant Flats with Development Potential
By Power of Attorney – First time on the market since 1976
6 Week Completion

Situation

Located on the corner with Oaks Avenue, close to the local shops and the open space of Norwood Park, in this popular area.
Gipsy Hill is located between Dulwich and Crystal Palace, some 5 miles south of Central London and is well served by Gipsy Hill Rail Station (Southern) with services to London Victoria and London Bridge.

Property

An end of terrace house comprising 2 × 1 Bed Self-Contained Flats on ground and first floors in need of modernisation.
The property includes a 46 ft Garden and 2 Garages at the rear.

ACCOMMODATION (measurements to maximum points)

Ground Floor Flat
Living Room	15'2" x 13'2"
Bedroom	11'8" x 11'0"
Kitchen	12'6" x 11'3"
Bathroom/WC	5'11" x 8'9"
GIA Approx. 563 sq ft

First Floor Flat
Living Room	15'2" x 13'4"
Bedroom	11'9" x 11'1"
Kitchen	10'3" x 16'7"
Bathroom/WC	8'3" x 5'3"
GIA Approx. 604 sq ft

Total GIA Approx. 1,167 sq ft

Plus 2 Garages

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: There may be potential for a residential development in place of the Garages at the rear, subject to obtaining the necessary consents.

Note 2: There is potential to create additional accommodation in the roof similar to other nearby properties as well as a single storey rear extension, subject to obtaining the necessary consents.

Click here to view the floor plans.

VIDEO TOUR

Click here to view the video tour of the property.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

208 Gipsy Road, Gipsy Hill, London SE27 9RB