Guide Price = **£275,000+
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 First Floor Two Bedroom Flat. Offered with Vacant Possession. Potential for Loft Extension (Subject to Obtaining all Relevant Consents)
**Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1984 (thus approximately 58 years unexpired). At the buyer's request and costs 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 Dundonald Recreation Ground are within easy reach. Transport links are provided by Wimbledon underground station (District line) and 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 Bedrooms
Bathroom
Exterior
The property benefits from an off street parking space on nearby Beulah Road.
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
D
Viewing Schedule (No Booking Required)
Wednesday 27 November 13:00 - 13:30
Friday 29 November 13:00 - 13:30
Saturday 30 November 12:00 - 12:30
Tuesday 3 December 13:00 - 13:30
Thursday 5 December 13:00 - 13:30
Monday 9 December 13:00 - 13:30