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''For Sale By Public Auction 16th October 2024 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor Two Bedroom Maisonette Subject to an Assured Shorthold Tenancy Producing £16,800 Per Annum
Tenure
Leasehold. The property is held on a 90 year lease from 25th June 1954 (thus approximately 19 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Minet Country Park are within easy reach. Transport links are provided by Southall (Elizabeth Line) rail station.
Description
The property comprises a ground floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Two Bedrooms
Kitchen
Bathroom
Exterior
The property benefits from a rear garden
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,400 per calendar month.
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)
Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer‘s admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. Back to listing
Full details for 2 Bedroom Flat For Sale in Southall
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Description
Guide Price = £85,000+''For Sale By Public Auction 16th October 2024 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor Two Bedroom Maisonette Subject to an Assured Shorthold Tenancy Producing £16,800 Per Annum
Tenure
Leasehold. The property is held on a 90 year lease from 25th June 1954 (thus approximately 19 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Minet Country Park are within easy reach. Transport links are provided by Southall (Elizabeth Line) rail station.
Description
The property comprises a ground floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Two Bedrooms
Kitchen
Bathroom
Exterior
The property benefits from a rear garden
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,400 per calendar month.
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)
Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer‘s admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers. Back to listing
