Guide Price = **£120,000+
For Sale By Public Auction 13th November 2024 10:00 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
**Tenure
Leasehold. The property is held on a 99 year lease from 1st July 1965 (thus approximately 39 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lake Farm Country Park are within easy reach. Transport links are provided by Hayes & Harlington rail station.
Description
The property comprises a ground floor two bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and a garage.
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.
There are no internal viewings
Friday 1 November 12:45 - 13:15
Thursday 7 November 12:45 - 13:15