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''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 Ground Floor One Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 5th May 1986 (thus approximately 60 years unexpired). At the buyer‘s request and costs 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 Plashet Park are within easy reach. Transport links are provided by East Ham overground and underground stations (Circle line) and Forest Gate rail station.
Description
The property comprises a ground floor one bedroom flat situated within a mid terrace building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from a private 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 3 October 11:45 - 12:15
Monday 7 October 11:45 - 12:15
Wednesday 9 October 11:45 - 12:15
Friday 11 October 11:45 - 12:15
Saturday 12 October 12:30 - 13:00 Back to listing
Full details for 1 Bedroom Flat For Sale in Forest Gate, Upton Park
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Description
Sold for £198,000. Guide Price = £125,000+''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 Ground Floor One Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 5th May 1986 (thus approximately 60 years unexpired). At the buyer‘s request and costs 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 Plashet Park are within easy reach. Transport links are provided by East Ham overground and underground stations (Circle line) and Forest Gate rail station.
Description
The property comprises a ground floor one bedroom flat situated within a mid terrace building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from a private 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 3 October 11:45 - 12:15
Monday 7 October 11:45 - 12:15
Wednesday 9 October 11:45 - 12:15
Friday 11 October 11:45 - 12:15
Saturday 12 October 12:30 - 13:00 Back to listing
