3 bed Flat For Sale £90,000
448 Gander Green Lane, Cheam, Sutton, Surrey, SM3 9RG

Guide Price = £90,000+

*For Sale By Online PublicAuction 24th May 2023 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Vacant Ground Floor Three Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1964 (thus approximately 40 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Fairlands Park are within easy reach. Transport links are provided by Worcester Park rail station.

Description
The property comprises a ground floor three bedroom flat situated within a purpose built block arranged over ground and two upper floors.

Accommodation
Ground Floor
Reception Room with Open Plan Kitchen
Three Bedrooms
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. 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.

Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 11 May 2023 11:00 AM - 11:30
Monday 15 May 2023 11:00 AM - 11:30
Wednesday 17 May 2023 11:00 AM - 11:30
Friday 19 May 2023 11:00 AM - 11:30
Tuesday 23 May 2023 11:00 AM - 11:30
Saturday 20 May 2023 11:00 AM - 11:30