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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 Well Located Vacant Seventh Floor Studio Flat
Tenure
Leasehold. The property is held on a lease from 20th April 1993 to 30th November 2085 (thus approximately 61 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of St James‘s Park are within easy reach. Transport links are provided by St James‘s Park underground station (Circle line) and Victoria rail station.
Description
The property comprises a seventh floor studio flat situated within a purpose built block arranged over ground and seven upper floors.
Accommodation
Seventh Floor
Studio Room
Kitchen
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
C
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 12:30 - 13:00
Saturday 15 June 12:00 - 12:30
Monday 17 June 12:30 - 13:00
Wednesday 19 June 12:30 - 13:00
Friday 21 June 12:30 - 13:00
Tuesday 25 June 12:30 - 13:00 Back to listing
Full details for 1 Bedroom Flat For Sale
Photos
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Description
Sold for £305,000. Guide Price = £175,000+''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 Well Located Vacant Seventh Floor Studio Flat
Tenure
Leasehold. The property is held on a lease from 20th April 1993 to 30th November 2085 (thus approximately 61 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of St James‘s Park are within easy reach. Transport links are provided by St James‘s Park underground station (Circle line) and Victoria rail station.
Description
The property comprises a seventh floor studio flat situated within a purpose built block arranged over ground and seven upper floors.
Accommodation
Seventh Floor
Studio Room
Kitchen
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
C
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 12:30 - 13:00
Saturday 15 June 12:00 - 12:30
Monday 17 June 12:30 - 13:00
Wednesday 19 June 12:30 - 13:00
Friday 21 June 12:30 - 13:00
Tuesday 25 June 12:30 - 13:00 Back to listing
