1 bed flat for sale

112 Lebanon Road, Croydon, Surrey CR0

Guide Price = £125,000+

**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Ground Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 120 year lease from 4th March 1981 (thus approximately 75 years unexpired).

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

Description
The property comprises a ground floor one bedroom flat situated within an end of terrace building arranged over ground and first floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom
Separate W.C.

Exterior
The property benefits from a rear garden.

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
D