2 bed Flat For Sale £550,000
Please read the tenure details below before making an enquiry about this property. A spacious (769 sq ft, 71.44 sq m) two double bedroom ground floor flat (currently arranged as one bedroom and two reception rooms) with private entrance and patio garden situated in the highly sought after Queenstown Diamond area of Battersea. There are many great amenities nearby and excellent transport links including Queenstown Road and Battersea Park station and bus routes to Sloane Square, The West End and Vauxhall. The wide open spaces of Battersea Park and Clapham Common are also both nearby. Whilst this area has always been popular it has increased in popularity due to its proximity to the new Battersea Power Station redevelopment and the new Northern Line extension.
Tenure: Leasehold 99 years from 19th April 1985. Unexpired term circa 63 years. Note: Our client has obtained a valuation for a statutory lease extension which would add 90 years to the unexpired term. The surveyor has suggested a premium of £69,310 (excluding Freeholder fees) would be payable. Our client is happy to serve a section 42 notice on the Freeholders which would allow the incoming purchaser to extend the lease without having to wait the statutory 2 year period.
Ground Rent: £25 per annum.
Tenure: Leasehold 99 years from 19th April 1985. Unexpired term circa 63 years. Note: Our client has obtained a valuation for a statutory lease extension which would add 90 years to the unexpired term. The surveyor has suggested a premium of £69,310 (excluding Freeholder fees) would be payable. Our client is happy to serve a section 42 notice on the Freeholders which would allow the incoming purchaser to extend the lease without having to wait the statutory 2 year period.
Ground Rent: £25 per annum.
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