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" Guide Price £195,000

For Sale By Public Auction 17th April 2024 08 45 AM To inspect the legal documents for this property go to our website to download the legal pack

A Ground Floor Two Bedroom Flat

By Order of the Mortgagees NOT in Possession

Tenure
Leasehold. The property is held on a 99 year lease from January 1977 thus approximately 51 years unexpired .

Assumed Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lampton Park are within easy reach. Transport links are provided by Hounslow West Piccadilly Underground & Hounslow rail station.

Description
The property comprises a ground floor two bedroom flat situated within a end of terrace building arranged over ground and three upper floors.

Note
The property has not been inspected by Auction House London nor the Receivers. All information has been supplied by the Receivers from previous investigations. However, all buyers are to rely on their own enquiries.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90 years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

There are no internal viewings

Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer‘s admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. "