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''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 Vacant Third Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 66 year lease from 30th January 1968 (thus approximately 9 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 Regent‘s Park are within easy reach. Transport links are provided by St John‘s Wood underground station (Jubilee line).
Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a private balcony.
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
Open House Viewings:
Viewing Schedule (No Booking Required)
Tuesday 3 December 15:30 - 16:00
Thursday 5 December 15:30 - 16:00
Monday 9 December 15:30 - 16:00 Back to listing
Full details for 2 Bedroom Flat For Sale in St Johns Wood
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Description
Guide Price = £170,000+''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 Vacant Third Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 66 year lease from 30th January 1968 (thus approximately 9 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 Regent‘s Park are within easy reach. Transport links are provided by St John‘s Wood underground station (Jubilee line).
Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a private balcony.
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
Open House Viewings:
Viewing Schedule (No Booking Required)
Tuesday 3 December 15:30 - 16:00
Thursday 5 December 15:30 - 16:00
Monday 9 December 15:30 - 16:00 Back to listing
