Guide Price = **£235,000+
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 Floor Two Bedroom Flat
**Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1990 (thus approximately 65 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Mountsfield Park are within easy reach. Transport links are provided by Catford rail station.
Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedroom
Bathroom
Exterior
The property benefits from a shared driveway
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
Viewing Schedule (No Booking Required)
Thursday 28 November 12:45 - 13:15
Monday 2 December 12:45 - 13:15
Wednesday 4 December 12:45 - 13:15
Friday 6 December 12:45 - 13:15
Saturday 7 December 13:00 - 13:30
Tuesday 10 December 12:45 - 13:15