2 bed Flat For Sale £100,000
23 Wychwood Avenue, Thornton Heath, Surrey, CR7 8AQ

Guide Price = £100,000+

*For Sale By Online PublicAuction 7th February 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Vacant First Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 16th September 1982 (thus approximately 57 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 Grangewood Park are within easy reach. Transport links are provided by Thornton Heath rail station.

Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Accommodation
Exterior
The property benefits from a balcony.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.

Planning
Viewing Appointments to be Confirmed