1 bedroom flat for sale
Kent, CT9 2EP
flat
bedroom
Property photos
+3
Property description
Guide Price = £30,000+
*For Sale By Online PublicAuction 22nd May 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Second Floor One Bedroom Flat
Tenure
Leasehold. The property is held on a 79 year lease from 24th June 1948 (thus approximately 2 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will 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 Dane Park are within easy reach. Transport links are provided by Margate rail station.
Description
The property comprises a Second floor one bedroom flat situated within an end of terrace building arranged over lower ground, ground and three upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Loft Room
Accommodation
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
Viewing Schedule (No Booking Required) - Video Walkthrough Available
Saturday 11 May 2024 11:00 AM - 11:30
Wednesday 15 May 2024 11:00 AM - 11:30
Saturday 18 May 2024 11:00 AM - 11:30
Addendum
For the avoidance of doubt, the property is on the second floor and not as previously stated.
*For Sale By Online PublicAuction 22nd May 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Second Floor One Bedroom Flat
Tenure
Leasehold. The property is held on a 79 year lease from 24th June 1948 (thus approximately 2 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will 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 Dane Park are within easy reach. Transport links are provided by Margate rail station.
Description
The property comprises a Second floor one bedroom flat situated within an end of terrace building arranged over lower ground, ground and three upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Loft Room
Accommodation
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
Viewing Schedule (No Booking Required) - Video Walkthrough Available
Saturday 11 May 2024 11:00 AM - 11:30
Wednesday 15 May 2024 11:00 AM - 11:30
Saturday 18 May 2024 11:00 AM - 11:30
Addendum
For the avoidance of doubt, the property is on the second floor and not as previously stated.
Interested in this property?
Council tax
First listed
Last weekKent, CT9 2EP
Marketed by
Auction House London - Hampstead 5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6ALCall agent on 020 7625 9007
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, CT9 2EP - Streetview
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