Back to listing
''For Sale By Public Auction 12th December 2024 09:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A First Floor Studio Flat
Tenure
Leasehold. The property is held on a 99 year lease from the 25th December 1985 (thus approximately 60 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Cassiobury Park are within easy reach. Transport links are provided by Watford underground station (Metropolitan line).
Description
The property comprises a first floor studio flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
First Floor
Studio Room
Bathroom
Exterior
The property benefits from a parking space.
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)
Saturday 30 November 10:00 - 10:30
Monday 2 December 09:15 - 09:45
Wednesday 4 December 09:15 - 09:45
Friday 6 December 09:15 - 09:45
Tuesday 10 December 09:15 - 09:45
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. Back to listing
Full details for 1 Bedroom Flat For Sale in Watford
Photos
1/1
Description
Guide Price = £90,000+''For Sale By Public Auction 12th December 2024 09:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A First Floor Studio Flat
Tenure
Leasehold. The property is held on a 99 year lease from the 25th December 1985 (thus approximately 60 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Cassiobury Park are within easy reach. Transport links are provided by Watford underground station (Metropolitan line).
Description
The property comprises a first floor studio flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
First Floor
Studio Room
Bathroom
Exterior
The property benefits from a parking space.
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)
Saturday 30 November 10:00 - 10:30
Monday 2 December 09:15 - 09:45
Wednesday 4 December 09:15 - 09:45
Friday 6 December 09:15 - 09:45
Tuesday 10 December 09:15 - 09:45
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. Back to listing
