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House Price Crash Forum

Sunbury Flat Drops 30k At Auction


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HOLA441

2-bed flat sold new for 155K on 18/10/2001

then 170K on 7/2/2003 and for 140K at Alsop's auction on 15/12/2005

a drop of 30K from it's peak, down 17%

lot details:-

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Lot 147

Guide Price £120,000+

Result £140,000

67A Staines Road East, Sunbury, Middlesex

BY ORDER OF MORTGAGEES

A Leasehold Self-Contained Purpose Built First Floor Flat

Tenure

Leasehold. The property is held on a lease for a term of 99 years from 24th June 2001 (thus having approximately 95 years unexpired) at a current ground rent of £150 per annum.

Location

The property is situated on the north side of Staines Road East, close to its junction with Station Approach. Local shops and amenities are available with the more extensive shopping facilities of Kingston Upon Thames being within reach. Communications are afforded by the nearby A308 which provides access to Hampton Court and Kingston Upon Thames to the east and Junction 1 of the M3 Motorway and Staines to the west. Further communications are afforded by Sunbury Railway Station and local Bus Services.

Description

The property comprises a self-contained first floor flat situated within a purpose built building arranged over ground and first floors beneath a pitched roof. The property benefits from off-street parking and a front garden.

Accommodation

Reception Room/Kitchen, Two Bedrooms, Bathroom with WC and wash basin.

Vacant Possession

Leasehold Flat

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