1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (89 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 Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £5,200 Per Annum
Tenure
Leasehold. The property is held on a 125 year lease from 1st September 1989 (thus approximately 89 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Rossmere Park are within easy reach. Transport links are provided by Hartlepool rail station.
Description
The property comprises a second floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 24th January 2024 at a rent of £100 per calendar week (Holding Over).
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: obtained on May 9, 2011 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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