2 bed Flat For Sale
£370,000
Flat 3, 239 Earl's Court Road, Earl's Court, London, SW5 9AH
Description
Guide Price = £370,000+
*For Sale By Online PublicAuction 17th April 2024 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Well Located Second Floor Two Bedroom Flat
By Order of the Mortgagees in Possession
Tenure
Leasehold. The property is held on a 99 year lease from December 1976 (thus approximately 51 years unexpired).
Location
The property is situated on a mixed-use road amongst the local shops and amenities. The open spaces of Bramham Gardens are within easy reach. Transport links are provided by Earl's Court underground station (District & Piccadilly Line) and West Brompton Overground rail station.
Description
The property comprises a second floor two bedroom flat situated within a mixed-use mid-terrace building arranged over ground and four upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Two 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.
EPC Rating
C
Addendum
Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.