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Full details for 2 Bedroom Flat For Sale in Enfield

Photos

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Description

Guide Price = £95,000+

''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 Maisonette

Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1937 (thus approximately 12 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 Hoe Green Park are within easy reach. Transport links are provided by Turkey Street overground station Gordon Hill rail station.

Description
The property comprises a first floor two bedroom maisonette situated within an end of terrace building arranged over ground and first floors.

Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from a private garden and a derelict garage.

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 Schedule (No Booking Required)

Wednesday 6 November 15:00 - 15:30
Friday 8 November 15:00 - 15:30
Tuesday 12 November 15:00 - 15:30
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