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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 Ground Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1984 (thus approximately 58 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Manford Park are within easy reach. Transport links are provided by Grange Hill underground station (Central line) and the M11.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room with Open Plan Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and off street parking.
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.
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 30 October 15:15 - 15:45
Friday 1 November 15:15 - 15:45
Tuesday 5 November 15:15 - 15:45
Thursday 7 November 15:15 - 15:45
Saturday 9 November 12:00 - 12:30
Monday 11 November 15:15 - 15:45 Back to listing
Full details for 2 Bedroom Flat For Sale in Ilford
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 Vacant Ground Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1984 (thus approximately 58 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Manford Park are within easy reach. Transport links are provided by Grange Hill underground station (Central line) and the M11.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room with Open Plan Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and off street parking.
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.
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 30 October 15:15 - 15:45
Friday 1 November 15:15 - 15:45
Tuesday 5 November 15:15 - 15:45
Thursday 7 November 15:15 - 15:45
Saturday 9 November 12:00 - 12:30
Monday 11 November 15:15 - 15:45 Back to listing
