No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom flat
Auction
Sold STC
Flat
2 beds
484
EPC rating: E
Key information
Tenure: Leasehold | 10 yrs left
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
Video tours
Sold for £110,000.Guide Price = £90,000+
*For Sale By Online PublicAuction 13th November 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First Floor Two Bedroom Maisonette
5 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 22nd June 1936 (thus approximately 10 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.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Modren Hall Park are within easy reach. Transport links are provided by Morden underground station (Northern line) and South Merton rail station.
Description
The property comprises a first floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Accommodation
Exterior
The property benefits from a rear garden.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) - Video Walkthrough Available
Saturday 9 November 2024 12:00 PM - 12:30
Monday 11 November 2024 12:00 PM - 12:30
Tuesday 12 November 2024 12:00 PM - 12:30
*For Sale By Online PublicAuction 13th November 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First Floor Two Bedroom Maisonette
5 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 22nd June 1936 (thus approximately 10 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.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Modren Hall Park are within easy reach. Transport links are provided by Morden underground station (Northern line) and South Merton rail station.
Description
The property comprises a first floor two bedroom maisonette situated within a semi detached building arranged over ground and first floors.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Accommodation
Exterior
The property benefits from a rear garden.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) - Video Walkthrough Available
Saturday 9 November 2024 12:00 PM - 12:30
Monday 11 November 2024 12:00 PM - 12:30
Tuesday 12 November 2024 12:00 PM - 12:30
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.