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No longer on the market

This property is no longer on the market

2 bedroom flat

Auction
Flat
2 beds
753
EPC rating: C
Added > 14 days

Key information

TenureLeasehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • A Vacant Ground Floor Two Bedroom Flat with a Private Rear Garden. There is Potential for Reconfiguration and/or Extension to Provide Three Bedrooms (Subject to Obtaining all Relevant Consent)
Unsold, but is available at £310,000Guide Price = £275,000+

*For Sale By Online PublicAuction 28th June 2023 08:45 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Vacant Ground Floor Two Bedroom Flat with a Private Rear Garden. There is Potential for Reconfiguration and/or Extension to Provide Three Bedrooms (Subject to Obtaining all Relevant Consent)

Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1969 (thus approximately 45 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. If the freeholder has not responded prior to the auction, the buyer should not assume that the freeholder will accept the sum offered. Buyers should rely on their own enquiries as to the likely costs of the lease extension.

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Tooting Common are within easy reach. Transport links are provided by Tooting Broadway underground station (Northern line) and Tooting rail station.

Description
The property comprises a ground floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

GIA 760 sq ft

Accommodation
Exterior
The property benefits from a private rear garden.Note
The directors of Auction House London have an interest in this property.

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
Viewing Schedule (No Booking Required)

Thursday 15 June 2023 2:15 PM - 14:45
Monday 19 June 2023 2:15 PM - 14:45
Wednesday 21 June 2023 2:15 PM - 14:45
Friday 23 June 2023 2:15 PM - 14:45
Tuesday 27 June 2023 2:15 PM - 14:45
Saturday 24 June 2023 12:30 PM - 13:00
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About this agent

Auction House London - Hampstead
Auction House London - Hampstead
5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6AL
020 8022 1911
Full profileProperty listings
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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