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 11, 2024

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£90,000

Available

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020 7625 9007

By Auction House London

Description

" Guide Price £90,000

For Sale By Public Auction 21st May 2024 08 45 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Ground Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 28th April 1969 thus approximately 44 years unexpired .

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Osborne Road Park are within easy reach. Transport links are provided by North Camp rail station.

Description
The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom

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 Schedule No Booking Required "

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Listing data

Data
1 beds
Flat
14 days on market

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