Guide Price = **£145,000+
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 24th June 1976 (thus approximately 50 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 Gladstone Park are within easy reach. Transport links are provided by Willesden Green underground station (Jubilee line) and Cricklewood rail station.
Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors. The property requires a program of refurbishment.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms (One with En-Suite)
Bathroom
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
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 27 November 12:45 - 13:15
Friday 29 November 12:45 - 13:15
Tuesday 3 December 12:45 - 13:15
Thursday 5 December 12:45 - 13:15
Saturday 7 December 10:45 - 11:15
Monday 9 December 12:45 - 13:15