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''For Sale By Public Auction 26th June 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor One Bedroom Flat
By Order of the Mortgagees in Possession
Tenure
Leasehold. The property is held on a 99 year lease from June 1987 (thus approximately 62 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Crystal Palace Park are within easy reach. Transport links are provided by Gipsy Hill rail station.
Description
The property comprises a ground floor one bedroom flat situated within a end of terrace building arranged over ground and three 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
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 12 June 11:30 - 12:00
Friday 14 June 11:30 - 12:00
Tuesday 18 June 11:30 - 12:00
Thursday 20 June 11:30 - 12:00
Saturday 22 June 11:00 - 11:30
Monday 24 June 11:30 - 12:00
Addendum
Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer‘s admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. Back to listing
Full details for 1 Bedroom Flat For Sale in Upper Norwood, Crystal Palace
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Description
Sold for £200,000. Guide Price = £170,000+''For Sale By Public Auction 26th June 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor One Bedroom Flat
By Order of the Mortgagees in Possession
Tenure
Leasehold. The property is held on a 99 year lease from June 1987 (thus approximately 62 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Crystal Palace Park are within easy reach. Transport links are provided by Gipsy Hill rail station.
Description
The property comprises a ground floor one bedroom flat situated within a end of terrace building arranged over ground and three 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
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 12 June 11:30 - 12:00
Friday 14 June 11:30 - 12:00
Tuesday 18 June 11:30 - 12:00
Thursday 20 June 11:30 - 12:00
Saturday 22 June 11:00 - 11:30
Monday 24 June 11:30 - 12:00
Addendum
Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer‘s admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. Back to listing
