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12 Lakehall Gardens, Thornton Heath, Surrey, CR7 7EL
Guide Price* : £415,000 plus
Five Bedroom HMO
- Freehold
- Five Bedroom HMO
- Producing £37,800 Per Annum Gross
- Approximately 113 sq m (1,216 sq ft) GIA
- Site of Approximately 0.017 Hectares (0.042 Acres)
Description
The property comprises a two storey, brick built, five bedroom, two bathroom mid terrace residential dwelling with rear garden.
The total area is approximately 113 sq m (1,216 sq ft) GIA and is on a site of approximately 0.017 hectares (0.042 acres).
Location
The property is situated within the London Borough of Croydon and the Bensham Manor electoral ward. The surrounding area is urban in character and comprises established residential accommodation within the wider Thornton Heath area. CR7 7EL lies on Lakehall Gardens and is within the Croydon North Parliamentary Constituency.
The property is located approximately 8.0 miles south of Charing Cross on a straight-line basis, calculated by reference to published postcode coordinates for CR7 7EL. Public transport links are available from Thornton Heath Station, approximately 0.8 km from the postcode, with additional rail access available from Selhurst Station, approximately 1.3 km, and West Croydon Station, approximately 1.6 km away.
Local bus services operate from nearby stops including Fairgreen Road, Bert Road, Lakehall Road and Torridge Road, with onward connections to Thornton Heath, Croydon and surrounding South London districts. Road communications are available via the local Thornton Heath and Croydon road network. Journey times and distances are approximate and subject to route, traffic conditions, service patterns and mode of transport.
Tenure
The property is held freehold under Title Number SGL662279.
Planning Authority
Surrey Heath Borough Council - www.surreyheath.gov.uk
Bidder Registration
In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.
We will also take a hold on funds from your bank card of £5,000 before you can bid.
Please see our Online Bidding and Registration Guide for further information, but note that as soon as you enter your debit or credit card, the hold on funds will be taken and this amount on your card will be "reserved" for this potential transaction and the amount will be deducted from the balance of your bank account.
Registration for bidding will close at 2pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
D:68
Note
The property holds an HMO Licence (CRO-543582663082) expiring 11/04/2028 for a total of 5 permitted occupants.
The Auctioneer has not inspected internally and the information has been provided by the Vendor.
Accommodation
| Floor | Use | SQ M | SQ FT | Tenant | Lease Terms | Rent £ PA |
|---|---|---|---|---|---|---|
| Ground | Bedroom 1 | 13.24 | 143 | Periodic Tenancy | 1 April 2020 | £6,000 |
| Ground | Bedroom 2 | 13.90 | 150 | Periodic Tenancy | 1 March 2026 | £8,400 |
| First | Bedroom 3 | 11.49 | 124 | Periodic Tenancy | 4 September 2024 | £7,200 |
| First | Bedroom 4 | 17.66 | 190 | Periodic Tenancy | 31 May 2023 | £8,400 |
| Second | Bedroom 5 | 19.71 | 212 | Periodic Tenancy | 31 January 2020 | £7,800 |
| Total | £37,800 gross |
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Legal Documents
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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton August 2026
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.