Auction House London Estate Agent in NW3 6AL

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020 7625 9007

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1 bed Flat property

Available

For Sale

Listed May 23, 2024

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£65,000

Available

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020 7625 9007

By Auction House London

Transaction history

£53,000 Nov 8, 2000

£25,000 Mar 22, 1996

Description

" Guide Price £65,000

For Sale By Public Auction 21st May 2024 09 30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant First Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1983 thus approximately 57 years unexpired .

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Grangewood Park are within easy reach. Transport links are provided by Norwood Junction overground and rail stations.

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

Accommodation
First Floor
Reception Room with Open Plan Kitchen
Bedroom
Bathroom
Separate WC

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.

EPC Rating
D

Viewing Appointments to be Confirmed "

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Listing data

Data
1 beds
Flat
19 days on market

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