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Full details for 2 Bedroom Flat For Sale in Croydon

Photos

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Description

Sold for an undisclosed amount Guide Price = £70,000+

**For Sale By Public Auction 7th December 2022 09:00 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

5 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1983 (thus approximately 59 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 Fairfield Gardens are within easy reach. Transport links are provided by East Croydon rail station.

Description
The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and seventeen upper floors.

Accommodation
Ground Floor
Open Plan Reception Room/Kitchen
Two Bedrooms (Both En-Suites)

Exterior
The property benefits from a designated 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. If you do not fully understand this process, please ask the auctioneers or a solicitor.

Viewing Schedule (No Booking Required)

Thursday 24 November 12:45 - 13:15
Monday 28 November 12:45 - 13:15
Wednesday 30 November 12:45 - 13:15
Tuesday 6 December 12:45 - 13:15
Saturday 26 November 11:30 - 12:00
Saturday 3 December 10:00 - 10:30
Friday 2 December 12:45 - 13:15


Addendum
5 Week Completion Available
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