in Guildford
5c Madrid Road, Guildford, Surrey GU2 7NU
- Contract Type: Unconditional with Variable Fee
Guide Price* £15,000 - £20,000 plus fees
Property Description
A leasehold loft space in a central location of Guildford, Surrey, with lapsed planning consent for the creation of a spacious one bedroom apartment with side extension to incorporate a new access staircase. Lapsed Planning Details The planning permission was for the erection of side extension to form new staircase serving existing ground floor shop and first floor flat and conversion of existing second floor accommodation incorporating dormer windows to side elevation to self contained flat. Interested parties are advised to see planning number 05/P/00370 (Guilford Borough Council) and make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. Guildford is a vibrant, bustling market town situated in the centre of the county of Surrey within easy reach of Heathrow and Gatwick Airports, and with excellent rail links to London (40 minutes) and served by the M25, M3 and A3. The town centre offers a variety of entertainment venues, including The Yvonne Arnaud Theatre and G Live, as well as excellent shopping opportunities and a variety of restaurants and bars. The town is situated close to the Surrey Hills Area of Outstanding Natural Beauty for walking, taking in views over the town, the Surrey countryside and the London skyline.
Leasehold Information
125 years from 22 August 2003. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Tenure
Leasehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th October 2025
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454