Initial price	£120,000
19/07/25	£110,000
Price Change	-8.33%

This vacant first-floor two-bedroom maisonette is being sold by public auction on August 6th, 2025, with a guide price of £110,000+. The property is leasehold, with approximately 54 years unexpired on the 99-year lease, and the buyer will have the right to extend the lease prior to completion. Located on a residential road near local shops and amenities, the property is close to Lloyd Park and South Croydon rail station. The maisonette requires refurbishment and consists of a reception room, kitchen, two bedrooms, and a bathroom on the first floor. When purchasing a flat with a short lease, it's essential to understand that an additional premium will be required to extend the lease to 90+ years, which can be done by serving a Section 42 notice to the freeholder.