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Full details for 2 Bedroom Flat For Sale in Belvedere

Photos

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Description

Unsold, but is available at £144,000 Guide Price = £125,000+

''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 Vacant First Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1991 (thus approximately 66 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Frank‘s Park are within easy reach. Transport links are provided by Belvedere rail station.

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

Accommodation
First Floor
Reception Room/Kitchen
Two Bedroom
Bathroom

Exterior
The property benefits from off street parking.

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
C

Open House Viewings:
Viewing Schedule (No Booking Required)

Wednesday 3 April 13:45 - 14:15
Friday 5 April 13:45 - 14:15
Tuesday 9 April 13:45 - 14:15
Thursday 11 April 13:45 - 14:15
Saturday 13 April 12:00 - 12:30
Monday 15 April 13:45 - 14:15
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