2 bed Flat For Sale £350,000
Maple Road, Penge

Located close to Crystal Palace Park and both Penge East & West stations is this spacious two double bedroom apartment which is being offered chain free. Ideal first time buy or investment.
Council Tax Band: C
Tenure: Leasehold

Original length of lease: 99 years
Date lease commences: 01/01/2017
Service charge: Approx: £733.85 per annum
Ground Rent: Approx: £455 per annum
Planned changes to Ground Rent:
a) Ground Rent is payable by all leaseholders annually by 1st Jan.
b) For the first year 2017 this was fixed at £350 for each flat.
c) Each Lease agreement clarifies that this base figure is required to increase every year by £17.50 for the first 20years.
d) The lease agreement also makes it clear that after every 20 years the base figure which commenced at £350 will have doubled

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.