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''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 Maisonette
Tenure
Leasehold. The property is held on a 99 year lease from 29th February 1956 (thus approximately 30 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 Roding Valley Recreation Ground are within easy reach. Transport links are provided by Loughton underground station (Central line).
Description
The property comprises a ground floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a rear garden.
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 10:00 - 10:30
Monday 22 July 10:00 - 10:30
Wednesday 24 July 10:00 - 10:30
Friday 26 July 10:00 - 10:30
Saturday 27 July 13:45 - 14:15
Tuesday 30 July 10:00 - 10:30 Back to listing
Full details for 2 Bedroom Flat For Sale in Loughton
Photos
1/1
Description
Sold for £194,000. Guide Price = £80,000+''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 Maisonette
Tenure
Leasehold. The property is held on a 99 year lease from 29th February 1956 (thus approximately 30 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 Roding Valley Recreation Ground are within easy reach. Transport links are provided by Loughton underground station (Central line).
Description
The property comprises a ground floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a rear garden.
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 10:00 - 10:30
Monday 22 July 10:00 - 10:30
Wednesday 24 July 10:00 - 10:30
Friday 26 July 10:00 - 10:30
Saturday 27 July 13:45 - 14:15
Tuesday 30 July 10:00 - 10:30 Back to listing
