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Full details for 2 Bedroom Apartment For Sale in Watford

Photos

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Description

Guide Price = £100,000+

''For Sale By Public Auction 11th December 2024 09:30 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 25th March 1959 (thus approximately 33 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lea Farm Recreation Ground are within easy reach. Transport links are provided by Garston rail station and the M1.

Description
The property comprises a ground floor two bedroom flat situated within a semi detached building arranged over ground and first floors. The property requires a program of refurbishment.

Accommodation
Ground Floor
Reception Room
Kitchen (not fitted)
Two Bedrooms
Bathroom (not fitted)

Exterior
The property benefits from a rear garden and communal front gardens.

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

Viewing Appointments to be Confirmed
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