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Full details for 1 Bedroom Flat For Sale in West Norwood, Tulse Hill

Photos

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Description

Guide Price = £185,000+

''For Sale By Public Auction 14th November 2024 10:30 AM To inspect the legal documents for this property go to our website to download the legal pack''

A Second Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 26th November 1982 (thus approximately 57 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Hillside Gardens Park are within easy reach. Transport links are provided by West Norwood rail station.

Description
The property comprises a second floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.

Accommodation
Second Floor
Reception Room
Bedroom
Kitchen
Bathroom

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 31 October 13:30 - 14:00
Monday 4 November 13:30 - 14:00
Wednesday 6 November 13:30 - 14:00
Friday 8 November 13:30 - 14:00
Saturday 9 November 11:30 - 12:00
Tuesday 12 November 13:30 - 14:00


Addendum
Please note that this property is subject to a Buyers Premium of £1,560 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.
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