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''For Sale By Public Auction 11th December 2024 09:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Vacant First and Second Floor Four Room Split Level Flat
Tenure
Leasehold. The property is held on a 99 year lease from 24th December 1969 (thus approximately 44 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Crystal Palace Park are within easy reach. Transport links are provided by Sydenham overground and rail stations.
Description
The property comprises a first and second floor four room split level flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room with Open Plan Kitchen
Three Rooms
Bathroom
Second Floor
Room
Exterior
The property benefits from a garage, off street parking and a 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.
Viewing Schedule (No Booking Required)
Wednesday 4 December 12:00 - 12:30
Friday 6 December 12:00 - 12:30
Saturday 7 December 12:00 - 12:30
Tuesday 10 December 12:00 - 12:30 Back to listing
Full details for 3 Bedroom Flat For Sale in Sydenham
Photos
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Description
Guide Price = £165,000+''For Sale By Public Auction 11th December 2024 09:00 AM To inspect the legal documents for this property go to our website to download the legal pack''
A Vacant First and Second Floor Four Room Split Level Flat
Tenure
Leasehold. The property is held on a 99 year lease from 24th December 1969 (thus approximately 44 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Crystal Palace Park are within easy reach. Transport links are provided by Sydenham overground and rail stations.
Description
The property comprises a first and second floor four room split level flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room with Open Plan Kitchen
Three Rooms
Bathroom
Second Floor
Room
Exterior
The property benefits from a garage, off street parking and a 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.
Viewing Schedule (No Booking Required)
Wednesday 4 December 12:00 - 12:30
Friday 6 December 12:00 - 12:30
Saturday 7 December 12:00 - 12:30
Tuesday 10 December 12:00 - 12:30 Back to listing
