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" Guide Price = £375,000+ **For Sale By Public Auction 22nd May 2024 10:00 AM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack** A First and Second Floor Two Bedroom Split Level Flat Tenure Leasehold. The property is held on a 99 year lease from 25th December 1993 (thus approximately 68 years unexpired). Location The property is situated on a residential road close to local shops and amenities. The open spaces of Brockwell Park are within easy reach. Transport links are provided by Herne Hill rail station. Description The property comprises a first and second floor two bedroom split level flat situated within a mid terrace building arranged over ground and two upper floors. Accommodation First Floor Reception Room Kitchen Bedroom Second Floor 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 Open House Viewings: Viewing Schedule (No Booking Required) Wednesday 8 May 10:00 - 10:30 Friday 10 May 10:00 - 10:30 Tuesday 14 May 10:00 - 10:30 Thursday 16 May 10:00 - 10:30 Saturday 18 May 14:15 - 14:45 Monday 20 May 10:00 - 10:30 Addendum Amended Guide Price: £375,000+ "