No longer on the market
This property is no longer on the market
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Map2 bedroom flat
Virtual tour
Auction
Sold STC
Flat
2 beds
Key information
Tenure: Leasehold
Council tax: Ask agent
Features and description
- Tenure: Leasehold
- A Vacant First and Second Floor Split Level Two Bedroom Flat
Sold for £391,000.Guide Price = £180,000+
*For Sale By Online PublicAuction 7th December 2022 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First and Second Floor Split Level Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 26th June 1987 (thus approximately 64 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 mixed-use road close to local shops and amenities. The open spaces of Shoreditch Park are within easy reach. Transport links are provided by Hoxton over ground station and Old Street underground station (northern line).
Description
The property comprises a first and second floor two bedroom flat situated within a mid terrace property arranged over ground and two upper floors. The property benefits from its own entrance.
Accommodation
First Floor
Reception Room
Kitchen
Second Floor
Two Bedrooms
Bathroom
Accommodation
Note
The roof space is included within the lease, therefore there may be potential to create additional living space or a roof terrace area (Purchasers must rely on their own enquiries).
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. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Viewing Schedule (No Booking Required) - Video Walkthrough Available
Wednesday 23 November 2022 1:00 PM - 13:30
Friday 25 November 2022 1:00 PM - 13:30
Tuesday 29 November 2022 1:00 PM - 13:30
Thursday 1 December 2022 1:00 PM - 13:30
Monday 5 December 2022 1:00 PM - 13:30
Saturday 3 December 2022 12:30 PM - 13:00
Addendum
Please note, completion for this property will be on the 10th March 2023. Please refer to the legal pack for more information.
*For Sale By Online PublicAuction 7th December 2022 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First and Second Floor Split Level Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 26th June 1987 (thus approximately 64 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 mixed-use road close to local shops and amenities. The open spaces of Shoreditch Park are within easy reach. Transport links are provided by Hoxton over ground station and Old Street underground station (northern line).
Description
The property comprises a first and second floor two bedroom flat situated within a mid terrace property arranged over ground and two upper floors. The property benefits from its own entrance.
Accommodation
First Floor
Reception Room
Kitchen
Second Floor
Two Bedrooms
Bathroom
Accommodation
Note
The roof space is included within the lease, therefore there may be potential to create additional living space or a roof terrace area (Purchasers must rely on their own enquiries).
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. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Viewing Schedule (No Booking Required) - Video Walkthrough Available
Wednesday 23 November 2022 1:00 PM - 13:30
Friday 25 November 2022 1:00 PM - 13:30
Tuesday 29 November 2022 1:00 PM - 13:30
Thursday 1 December 2022 1:00 PM - 13:30
Monday 5 December 2022 1:00 PM - 13:30
Saturday 3 December 2022 12:30 PM - 13:00
Addendum
Please note, completion for this property will be on the 10th March 2023. Please refer to the legal pack for more information.
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.
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