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 | 49 yrs left
Council tax: Ask agent
Features and description
- Tenure: Leasehold (49 years remaining)
- A Vacant Fourth Floor Two Bedroom Flat
Video tours
Sold for £348,000.Guide Price = £295,000+
*For Sale By Online PublicAuction 8th February 2023 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Fourth Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1973 (thus approximately 49 years unexpired). A section 42 notice to extend the lease will be served by the seller, the rights of which will be assigned to the incoming buyer.
Location
The property is situated in the South West London area of Vauxhall, close to local shops and amenities. The open spaces of Vauxhall Park and Battersea Park are within easy reach. Transport links are provided by Vauxhall underground (Victoria line) and rail station.
Description
The property comprises a fourth floor two bedroom flat situated within a period mansion building arranged over ground and four upper floors. The property overlooks Vauxhall Park.
Accommodation
Fourth Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
GIA 58.1 sq m (625 sq ft)
Accommodation
Exterior
The property benefits from a communal courtyard.Note
Current works being undertaken to upgrade the building have been paid for by the vendor.
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
Video Walkthrough Available
Viewing Schedule (No Booking Required)
Thursday 26 January 2023 9:30 AM - 10:00
Monday 30 January 2023 9:30 AM - 10:00
Wednesday 1 February 2023 9:30 AM - 10:00
Friday 3 February 2023 9:30 AM - 10:00
Tuesday 7 February 2023 9:30 AM - 10:00
Saturday 4 February 2023 1:30 PM - 14:00
*For Sale By Online PublicAuction 8th February 2023 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Fourth Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1973 (thus approximately 49 years unexpired). A section 42 notice to extend the lease will be served by the seller, the rights of which will be assigned to the incoming buyer.
Location
The property is situated in the South West London area of Vauxhall, close to local shops and amenities. The open spaces of Vauxhall Park and Battersea Park are within easy reach. Transport links are provided by Vauxhall underground (Victoria line) and rail station.
Description
The property comprises a fourth floor two bedroom flat situated within a period mansion building arranged over ground and four upper floors. The property overlooks Vauxhall Park.
Accommodation
Fourth Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
GIA 58.1 sq m (625 sq ft)
Accommodation
Exterior
The property benefits from a communal courtyard.Note
Current works being undertaken to upgrade the building have been paid for by the vendor.
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
Video Walkthrough Available
Viewing Schedule (No Booking Required)
Thursday 26 January 2023 9:30 AM - 10:00
Monday 30 January 2023 9:30 AM - 10:00
Wednesday 1 February 2023 9:30 AM - 10:00
Friday 3 February 2023 9:30 AM - 10:00
Tuesday 7 February 2023 9:30 AM - 10:00
Saturday 4 February 2023 1:30 PM - 14:00
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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