2 bedroom flat for sale
Kent, DA1 3EW
flat
bedrooms
Property photos
+2
Property description
Sold for £90,000.Guide Price = £70,000+
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor Three Room Maisonette Subject to an Assured Shorthold Tenancy Producing £15,000 Per Annum
Tenure
Leasehold. The property is held on a 64 year lease from 24th June 1972 (thus approximately 12 years unexpired). 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 Wilmot Park are within easy reach. Transport links are provided by Crayford rail station.
Description
The property comprises a first floor three room maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
First Floor
Three Rooms
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from a rear garden.Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,250 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Note
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.
Planning
EPC Rating
D
Open House Viewings To Be Confirmed
Monday 20 May 2024 10:00 AM - 10:30
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor Three Room Maisonette Subject to an Assured Shorthold Tenancy Producing £15,000 Per Annum
Tenure
Leasehold. The property is held on a 64 year lease from 24th June 1972 (thus approximately 12 years unexpired). 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 Wilmot Park are within easy reach. Transport links are provided by Crayford rail station.
Description
The property comprises a first floor three room maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
First Floor
Three Rooms
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from a rear garden.Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,250 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Note
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.
Planning
EPC Rating
D
Open House Viewings To Be Confirmed
Monday 20 May 2024 10:00 AM - 10:30
Council tax
First listed
3 weeks agoKent, DA1 3EW
Placebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Kent, DA1 3EW - Streetview
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