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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 First Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £21,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1977 (thus approximately 52 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Oaken Grove Park are within easy reach. Transport links are provided by Furze Platt rail station.
Description
The property comprises a first floor three bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Kitchen/Reception
Three Bedrooms
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,800 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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
F
Viewing Appointments to be Confirmed Back to listing
Full details for 3 Bedroom Flat For Sale in Maidenhead
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Description
Withdrawn Guide Price = £90,000+''For Sale By Public Auction 31st July 2024 09:30 AM To inspect the legal documents for this property go to our website to download the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 First Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £21,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1977 (thus approximately 52 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Oaken Grove Park are within easy reach. Transport links are provided by Furze Platt rail station.
Description
The property comprises a first floor three bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Kitchen/Reception
Three Bedrooms
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,800 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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
F
Viewing Appointments to be Confirmed Back to listing
