1 bed flat for sale

110A Portland Road, South Norwood, London, Croydon SE25

Guide Price = £70,000+

**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A First Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £15,600 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1986 (thus approximately 58 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Country Park are within easy reach. Transport links are provided by Norwood Junction overground station and rail station.

Description
The property comprises a first floor one bedroom flat situated within a mixed use parade arranged over ground and two upper floors.

Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom

Tenancy
The property is subject to a Periodic Tenancy at a rent of £1,300 per calendar month.

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
C


Addendum
Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer's admin fee of £1,800 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.