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Full details for 2 Bedroom Flat For Sale in Forest Hill

Photos

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Description

Sold for £220,000. Guide Price = £195,000+

''For Sale By Public Auction 15th October 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 Maisonette

6 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1954 (thus approximately 29 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 Garthorne Road Nature Reserve are within easy reach. Transport links are provided by Forest Hill train station.

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

Accommodation
First Floor
Reception Room
Two Bedrooms
Kitchen
Bathroom


Exterior
The property benefits from a private rear garden and a 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.

EPC Rating
D

Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 3 October 09:00 - 09:30
Monday 7 October 09:00 - 09:30
Wednesday 9 October 09:00 - 09:30
Friday 11 October 09:00 - 09:30
Saturday 12 October 10:00 - 10:30
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