.png)
Freehold Ground Rent of 118, Lodge Road, CROYDON, Surrey, CR0 2PF
Flat, Croydon
Freehold Ground Rent of 118, Lodge Road, CROYDON, Surrey, CR0 2PF
For Sale
£5,000+
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
108
Key Features
Flat
Freehold
Garage
Description
Freehold ground rents secured upon three flats and one garage. There may also be the opportunity to realise additional value through future lease extensions on the shorter leases, subject to the leaseholders exercising their statutory or voluntary rights. Unit: 118A Lease: 215 years from 25th March 1975 Unexpired term: 164 years remaining Ground Rent: Peppercorn Unit: 118B Lease: 125 years from 25th March 1975 Unexpired term: 74 years remaining Ground Rent: £35 Unit: 118C Lease: 125 years from 10th October 1988 Unexpired term: 87 years remaining Ground Rent: TBA Unit: Garage Lease: 125 years from 25th March 1975 Unexpired term: 74 years remaining Ground Rent: £25
Location
Property located at Freehold Ground Rent of 118, Lodge Road, CROYDON, Surrey, CR0 2PF.
Investment Analysis
Investment Snapshot
Guide Price | £5,000+ |
Tenure | Freehold |
Property Type | Residential |
EPC | Not stated |
Published Rent | Not stated |
Initial Refurbishment Allowance | £5,000–£10,000 |
Suggested Strategy | Buy-to-Let / Owner-Occupier |
Property & Refurbishment
Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Recommendation
Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Buy-to-Let: ★★★★☆
BRRR: ★★★☆☆
Flip: ★★★☆☆
Property Location:
Freehold Ground Rent of 118, Lodge Road, CROYDON, Surrey, CR0 2PF
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
B&Q
DIY Stores
Tel:
020 8649 5600
Benchmarx Croydon
Kitchens
Tel:
020 8689 5948
CCF Croydon
Drylining Products
Tel:
02086 656113
Howdens
Kitchens
Tel:
020 8680 2377
Jewson Croydon (Beddington Lane)
Builders Merchant
Tel:
0208 6892121
More Auction Properties from:
Barnard Marcus
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Freehold mid terrace house requiring updating/refurbishment | £150,000 | SO30 | Hampshire | 20/05/2025 | Sold | |
2 bedroom mid terrace with vacant possession, | £98,000 | DE7 | Derbyshire | 20/05/2025 | Sold | |
Freehold two floor detached house requiring modernisation | £235,000 | OX16 | Oxfordshire | 20/05/2025 | Sold | |
Land Site with Agricultural Building | £100,000 | RH11 | West Sussex | 20/05/2025 | Sold | |
Former 10 bed hostel with additional ancillary accommodation. | £300,000 | HD1 | West Yorkshire | 20/05/2025 | Sold | |
Leasehold mid terrace house | £115,000 | B29 | West Midlands | 20/05/2025 | Sold | |
A mid terrace 3 bedroom property | £3,500 | SR8 | County Durham | 20/05/2025 | Sold | |
Freehold detached bungalow. | £262,500 | SN11 | Wiltshire | 20/05/2025 | Sold | |
Leasehold first floor self contained flat | £149,000 | CR7 | Surrey | 20/05/2025 | Sold | |
A three bedroom, duplex flat with a garage, located in Littleover | £100,000 | DE23 | Derbyshire | 20/05/2025 | Sold | |
Long leasehold first and second floor self-contained flat | £385,000 | N16 | London - Hackney | 20/05/2025 | Sold | |
Freehold detached chalet bungalow with garage | £345,000 | SM5 | Surrey | 20/05/2025 | Sold |