Summary - Lingfield Court, Elgin Road CR0 6XA
1 bed 1 bath Ground Flat
One-bedroom auction lot near East Croydon with parking — refurbishment and lease details to resolve..
Ground-floor one-bedroom flat, approx. 488 sq ft
This ground-floor one-bedroom flat (approx. 488 sq ft) sits in a red-brick purpose-built block close to East Croydon, tram stops and local shops — convenient for commuters and short-term lettings. The layout includes a large living room, separate kitchen, double bedroom and bathroom. Allocated off-street parking, secure entry and low council tax add to practical appeal.
The flat needs full cosmetic updating and some renovation; the building’s solid-brick construction likely lacks cavity insulation and the interior is dated. Heating is by mains-gas boiler and radiators. Service charge and ground rent are modest, but the property is offered via Modern Method of Auction and will incur buyer fees and a reservation fee on top of the purchase price.
There is conflicting lease information in the paperwork. While an extended 995-year term with peppercorn ground rent is referenced, other documents indicate a much shorter remaining term (reported as 54 years). This ambiguity is material: mortgage lenders may refuse to lend until the lease position is clarified, so buyers should obtain the full leasepack and legal advice before bidding.
Best suited to an investor or buyer comfortable with a timed auction process and renovation, the flat offers upside through refurbishment and rental or resale once lease and funding are confirmed. Expect to factor in auction fees, potential lease-extension costs, and refurbishment budget when assessing value.
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