Guide Price = **£110,000+
For Sale By Public Auction 19th March 2025 10:00 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 29 September 1969 (thus approximately 43 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Warley Country Park are within easy reach. Transport links are provided by Brentwood underground station (Elizabeth line) and Shenfield rail station.
Description
The property comprises a first floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors. The property requires a program of refurbishment.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens.
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
E
Viewing Schedule (No Booking Required)
Monday 10 March 12:00 - 12:30
Thursday 13 March 12:00 - 12:30
Saturday 15 March 10:00 - 10:30
Tuesday 18 March 12:00 - 12:30