For Sale By Public Auction 23rd April 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack
A Vacant Fifth Floor Two Bedroom Flat. ERV based on the Local Housing Allowance (LHA) Rate is £11,368.76 Per Annum (Source: LHA Website, Subject to Condition, their Terms and Current Requirements).
**Tenure
Leasehold. The property is held on a 125 year lease from 30th April 1984 (thus approximately 84 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Warley Playing Fields are within easy reach. Transport links are provided by Brentwood Crossrail station (Elizabeth line) and Shenfield rail station.
Description
The property comprises a fifth floor two bedroom flat situated within a purpose built block arranging over ground and five upper floors. The property benefits from a lift.
Accommodation Fifth Floor
Reception Room with Open Plan Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and allocated parking.
Tenancy
The LHA rate for a two bedroom property in the area is £218.63 per week (£11,368.76 per annum) (source: lha-direct.voa.gov.uk).
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)
Thursday 10 April 12:00 - 12:30
Wednesday 16 April 12:00 - 12:30
Saturday 19 April 10:00 - 10:30
Tuesday 22 April 12:00 - 12:30
Agent Details
Auction House London, Hampstead
020 3897 6030
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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