2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (58 years remaining)
*For Sale By Online PublicAuction 11th December 2024 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant Third Floor Two Bedroom Flat
By Order of the Executors
Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1984 (thus approximately 58 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Mayow Park are within easy reach. Transport links are provided by Sydenham overground and rail station.
Description
The property comprises a third floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors. The property requires a program of refurbishment.
Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Accommodation
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.
Viewing Appointments to be Confirmed
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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