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Full details for 2 Bedroom Flat For Sale in Ilford

Photos

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Property photo 1

Description

Sold for £222,000. Guide Price = £100,000+

''For Sale By Public Auction 31st July 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack''

A Vacant Ground Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1979 (thus approximately 54 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.

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

Description
The property comprises a ground floor two bedroom flat situated within a semi detached building arranged over ground and first floors.

Accommodation
Ground Floor
Reception Room with Open Plan Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from a private rear garden and 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
D

Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 18 July 12:00 - 12:30
Monday 22 July 12:00 - 12:30
Wednesday 24 July 12:00 - 12:30
Friday 26 July 12:00 - 12:30
Saturday 27 July 12:00 - 12:30
Tuesday 30 July 12:00 - 12:30
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