3 bedroom flat for sale

Overview

Guide Price = £110,000+**For Sale By Public Auction 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 Three Room FlatTenureLeasehold. The property is held on a 99 year lease from 25th December 1973 (thus approximately 48 years unexpired).LocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Grovehill Playing Fields are within easy reach. Transport links are provided by Hemel Hempstead rail station.DescriptionThe property comprises a second floor three rooms flat situated within a purpose built block arranged over ground and two upper floors.AccommodationSecond FloorKitchen/Reception RoomThree RoomsBathroomFurther InformationWhen 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 RatingFViewing Schedule (No Booking Required) For more details and to contact: https://realtyww.info/flats_hemel-hempstead-d196365/for-sale_i68519973

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