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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 Vacant First Floor Two Bedroom Flat
5 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1961 (thus approximately 36 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 Pollards Hill are within easy reach. Transport links are provided by Norbury rail station.
Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors. The property requires a program of refurbishment.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
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)
Monday 4 November 11:00 - 11:30
Wednesday 6 November 11:00 - 11:30
Friday 8 November 11:00 - 11:30
Saturday 9 November 12:00 - 12:30
Tuesday 12 November 11:00 - 11:30 Back to listing
Full details for 2 Bedroom Flat For Sale in Mitcham
Photos
1/1
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 Vacant First Floor Two Bedroom Flat
5 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1961 (thus approximately 36 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 Pollards Hill are within easy reach. Transport links are provided by Norbury rail station.
Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors. The property requires a program of refurbishment.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
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)
Monday 4 November 11:00 - 11:30
Wednesday 6 November 11:00 - 11:30
Friday 8 November 11:00 - 11:30
Saturday 9 November 12:00 - 12:30
Tuesday 12 November 11:00 - 11:30 Back to listing
