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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 First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,280 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1988 (thus approximately 62 years unexpired). There is an informal agreement with the freeholder to extend the lease for £10,000 + costs. Please refer to the legal pack for more information.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Alexandra Park, Poole are within easy reach. Transport links are provided by Parkstone rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £940 per calendar month.
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
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 15:30 - 16:00
Saturday 15 June 15:30 - 16:00
Tuesday 18 June 15:30 - 16:00
Thursday 20 June 15:30 - 16:00
Saturday 22 June 15:30 - 16:00
Tuesday 25 June 15:30 - 16:00 Back to listing
Full details for 1 Bedroom Flat For Sale in Poole
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Description
Sold for £88,000. Guide Price = £70,000+''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 First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,280 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1988 (thus approximately 62 years unexpired). There is an informal agreement with the freeholder to extend the lease for £10,000 + costs. Please refer to the legal pack for more information.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Alexandra Park, Poole are within easy reach. Transport links are provided by Parkstone rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £940 per calendar month.
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
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 13 June 15:30 - 16:00
Saturday 15 June 15:30 - 16:00
Tuesday 18 June 15:30 - 16:00
Thursday 20 June 15:30 - 16:00
Saturday 22 June 15:30 - 16:00
Tuesday 25 June 15:30 - 16:00 Back to listing
