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Lot 14 - FREEHOLD TERRACE FOUR BEDROOM HOUSE PRODUCING £15,600 PER ANNUM

5 Cromwell Walk, Redhill, Surrey, RH1 1JA

Guide Price £220,000 PLUS *
Thu Apr 03 2025
11:00am
To be auctioned in :
  • 15
    Days
  • 22
    Hours
  • 59
    Mins
  • 33
    Secs
By Order of B Tobin & M Khaliq as LPA Receivers

Property Description

The property is located on Cromwell Walk in Redhill. Part of a residential parade, it is opposite the Holland Close junction and can be reached via Baxter Avenue. The Belfry Shopping Centre is 300m to the east and Redhill Train Station is 500m to the east. London is 22 miles to the north and Brighton is 33 miles to the south and can be reached via the A23 and A25. The property comprises a four bedroom mid terrace house, with yard to the front and rear patio/garden.

Freehold

(Measurements based on EPC)

Whilst Strettons have not internally inspected the property, the lending valuation of November 2023 gives the accommodation as:

Ground & First Floor: Four bedrooms, living rom, kitchen, bathroom and toilet.

Total: 1,023 Sq Ft (95 Sq M)

The property is let on a 12 month Assured Shorthold Tenancy (AST), to a individual from 04.07.2018 (Holding Over) at a rent of £15,600 per annum (£1,300 pcm), with a deposit £950. We understand that the tenant is paying the rent direct to the borrower.

PRODUCING £15,600 PER ANNUM

D

Auction Surveyor : Rob Hills
Contact : 020 7614 9933 Robert.hills@strettons.co.uk

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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5 Cromwell Walk, Redhill, Surrey, RH1 1JA

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