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''For Sale By Public Auction 12th September 2024 10:00 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 24th June 1960 (thus approximately 34 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Chatsworth Park are within easy reach. Transport links are provided by Banstead rail station.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Separate WC
Exterior
The property benefits from communal gardens and garage.
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.
Viewing Schedule (No Booking Required)
Tuesday 3 September 16:45 - 17:15
Thursday 5 September 17:30 - 18:00
Monday 9 September 17:30 - 18:00
Monday 16 September 12:30 - 13:00 Back to listing
Full details for 2 Bedroom Flat For Sale in Banstead
Photos
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Description
Please refer to auctioneer for more information Guide Price = £170,000+''For Sale By Public Auction 12th September 2024 10:00 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 24th June 1960 (thus approximately 34 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Chatsworth Park are within easy reach. Transport links are provided by Banstead rail station.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Separate WC
Exterior
The property benefits from communal gardens and garage.
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.
Viewing Schedule (No Booking Required)
Tuesday 3 September 16:45 - 17:15
Thursday 5 September 17:30 - 18:00
Monday 9 September 17:30 - 18:00
Monday 16 September 12:30 - 13:00 Back to listing
