Guide price

£440,000

Block of flats for sale
40 Sangley Road, South Norwood, London SE25

  • Auction
  • Freehold

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Strettons Auctions - Residential

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About this property

    For sale by auction 28th July 2026 at 12:00 £440,000 plus

    Freehold investment
    - four studio flats (one vacant)

    Location & Description
    A double-bayed house comprising 4 self-contained studio flats west of South Norwood Hill and mile from both Grangewood Park and Norwood Junction station.

    Accommodation
    Four studios each with kitchenette and bathroom/toilet

    Tenancy Details
    Each let on a lease to Cromwood Ltd as follows:
    Flat 1: 3 years from 1.12.25 at £925 pcm
    Flat 2: Offered Vacant
    Flat 3: 3 years from 1.10.22 (holding over) at £885 pcm
    Flat 4: 3 years from 1.12.25 at £925 pcm
    Each lease is subject to a Landlord's break on 6 months' notice after the 18th month and a tenant's break on 28 days notice when more than 6 months remaining and 7 days notice when less than 6 months remaining.

    Note
    1. A Certificate of Lawful Use or Development was granted by the London Borough of Croydon on 14.10.2018 (Ref: 18/04312/le) for the established existing use of four self-contained flats in the building.
    Auction Surveyor: Robert Woolfe
    Contact:

    Producing £32,820 P.A. & 1 vacant flat

    EPC Rating
    Flat 1 = E, Flat 3 = C, Flats 2 & 4 = D

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    Property descriptions and related information displayed on this page are marketing materials provided by - Strettons Auctions - Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Strettons Auctions - Residential for full details and further information.