1 bedroom flat for sale
Croydon Greater London SM6 0ADOverview
Guide Price = £100,000+**For Sale By Public Auction 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 Ground Floor Studio FlatTenureLeasehold. The property is held on a 99 year lease from 29th September 1984 (thus approximately 59 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.LocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Carshalton Park are within easy reach. Transport links are provided by Wallington rail station.DescriptionThe property comprises a ground floor studio flat situated within a purpose built block arranged over ground and three upper floors.AccommodationGround FloorStudio RoomKitchenBathroomExteriorThe property benefits from communal gardens and off street parking.Further 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.Open House Viewings:Viewing Schedule (No Booking Required) For more details and to contact: https://realtyww.info/flats_wallington-d527947/for-sale_i69754435Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
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