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''For Sale By Public Auction 13th November 2024 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £19,200 Per Annum
Tenure
Leasehold. The property is held on a 90 year lease from 22nd September 1950 (thus approximately 15 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 Hanger Hill Park are within easy reach. Transport links are provided by Park Royal underground station (Piccadilly line) and Hanger Lane underground station (Central line).
Description
The property comprises a ground floor one bedroom flat situated within a semi-detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from a private rear garden.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,600 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
C
Open House Viewings To Be Confirmed Back to listing
Full details for 1 Bedroom Flat For Sale in Ealing
Photos
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Description
Guide Price = £120,000+''For Sale By Public Auction 13th November 2024 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Ground Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £19,200 Per Annum
Tenure
Leasehold. The property is held on a 90 year lease from 22nd September 1950 (thus approximately 15 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 Hanger Hill Park are within easy reach. Transport links are provided by Park Royal underground station (Piccadilly line) and Hanger Lane underground station (Central line).
Description
The property comprises a ground floor one bedroom flat situated within a semi-detached building arranged over ground and first floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom
Exterior
The property benefits from a private rear garden.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,600 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
C
Open House Viewings To Be Confirmed Back to listing
