Unsold. Contact the auctioneer.Guide Price = £125,000+

*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Second Floor One Bedroom Flat

By Order of the Mortgagees in Possession

Tenure
Leasehold. The property is held on a 99 year lease from December 1984 (thus approximately 59 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Whitehorse Read Recreation Ground are within easy reach. Transport links are provided by Selhurst rail station.

Description
The property comprises a second floor one bedroom flat situated within a semi-detached building arranged over lower ground and three upper floors.

Accommodation
Second Floor
Open Plan Reception/Kitchen
Bedroom
Bathroom

Accommodation
Note
A stud wall has been erected to create an additional room without obtaining the necessary consents, this will need to be removed by any incoming Buyer.

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.

EPC Rating
C

Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 4 April 2024 10:00 AM - 10:30
Saturday 6 April 2024 10:00 AM - 10:30
Monday 8 April 2024 10:00 AM - 10:30
Wednesday 10 April 2024 10:00 AM - 10:30
Friday 12 April 2024 10:00 AM - 10:30
Tuesday 16 April 2024 10:00 AM - 10:30

Addendum
Please note that this property is subject to a Buyers Premium of £1,250 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

This property is no longer available

Photos

1 bedroom flat for sale