Auction House UK · 11 Nov 2026 · in 23 days
A Vacant Single Storey Lock Up Garage
Garage at Chestnut Court, 14 Lancaster Road, South Norwood, London, SE25 4AH · London
LiveOtherLeaseholdVacantRelisted
- Guide
- £10,000
- Rent a year
- ≈£900est.
- Yield on the guide
- ≈8.8%est.
- Payback
- ≈11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Auction House UK hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 14 Oct 2026.
- Listed before with Auction House UK: Withdrawn. See that listing
Auction House UK's record
Auction House UK's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold commercial lot in South Norwood. Offered vacant, so there's no income from day one.
Lot -, Garages. A Vacant Single Storey Lock Up Garage: The property comprises a single storey lock up garage. Tenure: Leasehold. The property is held on a 199 year lease from 25th December 1968 (thus approximately 141 years unexpired ). Location: The garage is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Lake & Grounds are within easy reach. Transport links are provided by Crystal Palace station rail station. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.