2 bed Flat For Sale £80,000
Guide Price = £80,000+
**For Sale By Public Auction 7th December 2022 09:00 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Ground Floor Two Bedroom Maisonette with a Garage
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1959 (thus approximately 35 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 Coulsdon Common are within easy reach. Transport links are provided by Coulsdon South rail station.
Description
The property comprises a ground floor two bedroom garden maisonette situated within a semi detached building arranged over ground and first floor levels. The property benefits from a private entrance.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a private front and rear garden and a garage.
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.
**For Sale By Public Auction 7th December 2022 09:00 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Ground Floor Two Bedroom Maisonette with a Garage
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1959 (thus approximately 35 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 Coulsdon Common are within easy reach. Transport links are provided by Coulsdon South rail station.
Description
The property comprises a ground floor two bedroom garden maisonette situated within a semi detached building arranged over ground and first floor levels. The property benefits from a private entrance.
Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from a private front and rear garden and a garage.
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.
