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Full details for 1 Bedroom Flat For Sale in Ilford

Photos

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Description

Unsold, but is available at £139,000 Guide Price = £120,000+

''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 December 1981 (thus approximately 56 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Forest Garden are within easy reach. Transport links are provided by Newbury Park underground station (Central line) and Goodmayes rail station.

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

Accommodation
First Floor
Reception Room with Open-Plan 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

Open House Viewings:
Viewing Schedule (No Booking Required)

Tuesday 7 May 11:45 - 12:15
Thursday 9 May 11:45 - 12:15
Monday 13 May 11:45 - 12:15
Wednesday 15 May 11:45 - 12:15
Friday 17 May 11:45 - 12:15
Saturday 18 May 11:45 - 12:15
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