2 bed Flat For Sale £335,000
Guide Price = £335,000+
*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 Vacant Second Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1978 (thus approximately 53 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 Monken Hadley Common are within easy reach. Transport links are provided by High Barnet underground station (Northern line) and Hadley Wood rail station.
Description
The property comprises a second floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors. The property has been recently refurbished.
Accommodation
Second Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Accommodation
Exterior
The property benefits from a private 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
EPC Rating
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 3 April 2024 11:45 AM - 12:15
Friday 5 April 2024 11:45 AM - 12:15
Tuesday 9 April 2024 11:45 AM - 12:15
Thursday 11 April 2024 11:45 AM - 12:15
Monday 15 April 2024 11:45 AM - 12:15
*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 Vacant Second Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1978 (thus approximately 53 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 Monken Hadley Common are within easy reach. Transport links are provided by High Barnet underground station (Northern line) and Hadley Wood rail station.
Description
The property comprises a second floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors. The property has been recently refurbished.
Accommodation
Second Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Accommodation
Exterior
The property benefits from a private 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
EPC Rating
E
Open House Viewings:
Viewing Schedule (No Booking Required)
Wednesday 3 April 2024 11:45 AM - 12:15
Friday 5 April 2024 11:45 AM - 12:15
Tuesday 9 April 2024 11:45 AM - 12:15
Thursday 11 April 2024 11:45 AM - 12:15
Monday 15 April 2024 11:45 AM - 12:15
