1 bed Flat For Sale £140,000
Guide Price = £140,000+
**For Sale By Public Auction 8th February 2023 09:00 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant First Floor One Bedroom Flat
6 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1982 (thus approximately 58 years unexpired). At the buyer's request and costs 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 Southmere Park are within easy reach. Transport links are provided by Abbey Wood underground (Elizabeth line) and rail stations.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and first floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Separate WC
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.
Annual Ground Rent
£50.00
Service Charge
£673.00
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 25 January 2023 12:00 pm - 12:30
Friday 27 January 2023 12:00 pm - 12:30
Tuesday 31 January 2023 12:00 pm - 12:30
Thursday 2 February 2023 12:00 pm - 12:30
Monday 6 February 2023 12:00 pm - 12:30
**For Sale By Public Auction 8th February 2023 09:00 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant First Floor One Bedroom Flat
6 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 1st January 1982 (thus approximately 58 years unexpired). At the buyer's request and costs 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 Southmere Park are within easy reach. Transport links are provided by Abbey Wood underground (Elizabeth line) and rail stations.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and first floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Separate WC
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.
Annual Ground Rent
£50.00
Service Charge
£673.00
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 25 January 2023 12:00 pm - 12:30
Friday 27 January 2023 12:00 pm - 12:30
Tuesday 31 January 2023 12:00 pm - 12:30
Thursday 2 February 2023 12:00 pm - 12:30
Monday 6 February 2023 12:00 pm - 12:30
1 bed Flats For Sale Brodrick Grove
1 bed Flats For Sale Abbey Wood Road
1 bed Flats For Sale Bostall Manor Way
1 bed Flats For Sale Dahlia Road
1 bed Flats For Sale Chancelot Road
1 bed Flats For Sale Mcleod Road
1 bed Flats For Sale Bostall Lane
1 bed Flats For Sale Blithdale Road
1 bed Flats For Sale Federation Road
1 bed Flats For Sale Owenite Street
1 bed Flats For Sale Abbey Wood Road
1 bed Flats For Sale Bostall Manor Way
1 bed Flats For Sale Dahlia Road
1 bed Flats For Sale Chancelot Road
1 bed Flats For Sale Mcleod Road
1 bed Flats For Sale Bostall Lane
1 bed Flats For Sale Blithdale Road
1 bed Flats For Sale Federation Road
1 bed Flats For Sale Owenite Street
