*For Sale By Online PublicAuction 10th September 2025 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Lower Ground Floor Studio Flat
6 Week Completion Available
Tenure Leasehold. The property is held on a 57 year lease from 25th March 1975 (thus approximately 6 years unexpired). At the buyer's request 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 The Regent's Park are within easy reach. Transport links are provided by Euston underground station (Northern line) and rail station.
Description The property comprises a lower ground floor studio flat situated within a purpose built block arranged over ground and eight upper floors. The property benefits from a lift access.
Accommodation Lower Ground Floor Studio Room Kitchen Bathroom
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. 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 28 August 2025 10:00 AM - 10:30 Saturday 30 August 2025 11:15 AM - 11:45 Monday 1 September 2025 10:00 AM - 10:30 Wednesday 3 September 2025 10:00 AM - 10:30 Friday 5 September 2025 10:00 AM - 10:30 Monday 8 September 2025 10:00 AM - 10:30
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.
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