No longer on the market
This property is no longer on the market
Floorplan
Map2 bedroom flat
Auction
Flat
2 beds
Key information
Tenure: Leasehold | 70 yrs left
Council tax: Ask agent
Features and description
Still available. Please refer to auctioneer for more informationGuide Price = £350,000+
*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 Ground Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 1st September 1996 (thus approximately 70 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Riverside Park are within easy reach. Transport links are provided by Woodside Park underground station (Northern line) which is a very short walk away and New Southgate rail station.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room
Two Bedrooms
Kitchen
Two Bathrooms
Accommodation
Exterior
The property benefits from allocated off street parking and communal gardens (which the reception room leads onto). Note
The seller has advised that an offer was made by the Freeholder to extend the lease to 160 years which is transferable to the buyer for completion under the section 42. Please refer to the legal pack for more information.
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
EPC Rating
D
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 28 November 2024 12:30 PM - 13:00
Saturday 30 November 2024 12:15 PM - 12:45
Monday 2 December 2024 12:30 PM - 13:00
Wednesday 4 December 2024 12:30 PM - 13:00
Friday 6 December 2024 12:30 PM - 13:00
Tuesday 10 December 2024 12:30 PM - 13:00
*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 Ground Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 1st September 1996 (thus approximately 70 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Riverside Park are within easy reach. Transport links are provided by Woodside Park underground station (Northern line) which is a very short walk away and New Southgate rail station.
Description
The property comprises a ground floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Ground Floor
Reception Room
Two Bedrooms
Kitchen
Two Bathrooms
Accommodation
Exterior
The property benefits from allocated off street parking and communal gardens (which the reception room leads onto). Note
The seller has advised that an offer was made by the Freeholder to extend the lease to 160 years which is transferable to the buyer for completion under the section 42. Please refer to the legal pack for more information.
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
EPC Rating
D
Open House Viewings:
Viewing Schedule (No Booking Required)
Thursday 28 November 2024 12:30 PM - 13:00
Saturday 30 November 2024 12:15 PM - 12:45
Monday 2 December 2024 12:30 PM - 13:00
Wednesday 4 December 2024 12:30 PM - 13:00
Friday 6 December 2024 12:30 PM - 13:00
Tuesday 10 December 2024 12:30 PM - 13:00
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.