2 bed Flat For Sale £100,000
Guide Price = £100,000+
*For Sale By Online PublicAuction 12th March 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Second Floor Two Room Flat
Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1973 (thus approximately 49 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Priory Gardens are within easy reach. Transport links are provided by Orpington rail station.
Description
The property comprises a second floor two room flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room with Open-Plan Kitchen
Two Rooms
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.
EPC Rating
D
Viewing Schedule (No Booking Required)
*For Sale By Online PublicAuction 12th March 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Second Floor Two Room Flat
Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1973 (thus approximately 49 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Priory Gardens are within easy reach. Transport links are provided by Orpington rail station.
Description
The property comprises a second floor two room flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room with Open-Plan Kitchen
Two Rooms
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.
EPC Rating
D
Viewing Schedule (No Booking Required)
