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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 First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £12,000 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1954 (thus approximately 28 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. If the freeholder has not responded prior to the auction, the buyer should not assume that the freeholder will accept the sum offered. Buyers should rely on their own enquiries as to the likely costs of the lease extension.
Location
The property is situated on a residential road close to local shops and amenities. There are numerous open spaces within easy reach. Transport links are provided by Feltham rail station.
Description
The property comprises a first floor one bedroom flat situated within a semi detached building arranged over ground and first floors.
Accommodation
First 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
Viewing Appointments to be Confirmed
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 1 Bedroom Flat For Sale in Feltham
Photos
1/1
Description
Withdrawn Prior. Guide Price = £60,000+''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 First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £12,000 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1954 (thus approximately 28 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. If the freeholder has not responded prior to the auction, the buyer should not assume that the freeholder will accept the sum offered. Buyers should rely on their own enquiries as to the likely costs of the lease extension.
Location
The property is situated on a residential road close to local shops and amenities. There are numerous open spaces within easy reach. Transport links are provided by Feltham rail station.
Description
The property comprises a first floor one bedroom flat situated within a semi detached building arranged over ground and first floors.
Accommodation
First 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
Viewing Appointments to be Confirmed
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
