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Full details for 2 Bedroom Flat For Sale in Wembley

Photos

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Description

Unsold. Contact the auctioneer. Guide Price = £60,000+

''For Sale By Public Auction 11th September 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack''

A Vacant First Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 58 year lease from 30th April 1976 (thus approximately 9 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 Fryent Country Park are within easy reach. Transport links are provided by Wembley Park underground station (Jubilee and Metropolitan lines) and Wembley Stadium rail station.

Description
The property comprises a first floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors.

Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from a balcony.

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.

Open House Viewings:
Viewing Schedule (No Booking Required)

Wednesday 4 September 13:00 - 13:30
Friday 6 September 13:00 - 13:30
Saturday 7 September 12:00 - 12:30
Tuesday 10 September 13:00 - 13:30
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