Studio flat for sale
London, W2 2RD
studio Flat
Property photos
Property description
Guide Price = £90,000+
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Well Located First Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £14,400 Per Annum
Tenure
Leasehold. The property is held on a 57 year lease from 24th June 1975 (thus approximately 9 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 in the highly sought after area of Marylebone close to local shops and amenities. The open spaces of Hyde Park and Marble Arch are within easy reach. The property is equidistant to both Edgware Road underground station (Circle, District, Hammersmith & City and Bakerloo lines) and Marble Arch underground station (Central line)
Description
The property comprises a first floor studio flat situated within a purpose built block arranged over ground and nine upper floors. The block benefits from a lift and concierge.
Accommodation
First Floor
Studio Room
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from two lifts and a concierge.Tenancy
The property is subject to an Assured Shorthold Tenancy expiring August 2022 at a rent of £1,200 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Planning
EPC Rating
D
There are no internal viewings
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Well Located First Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £14,400 Per Annum
Tenure
Leasehold. The property is held on a 57 year lease from 24th June 1975 (thus approximately 9 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 in the highly sought after area of Marylebone close to local shops and amenities. The open spaces of Hyde Park and Marble Arch are within easy reach. The property is equidistant to both Edgware Road underground station (Circle, District, Hammersmith & City and Bakerloo lines) and Marble Arch underground station (Central line)
Description
The property comprises a first floor studio flat situated within a purpose built block arranged over ground and nine upper floors. The block benefits from a lift and concierge.
Accommodation
First Floor
Studio Room
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from two lifts and a concierge.Tenancy
The property is subject to an Assured Shorthold Tenancy expiring August 2022 at a rent of £1,200 per calendar month.
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Planning
EPC Rating
D
There are no internal viewings
Interested in this property?
Council tax
First listed
2 weeks agoLondon, W2 2RD
Marketed by
Auction House London - Hampstead 5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6ALCall agent on 020 7625 9007
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Monthly repayment
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London, W2 2RD - Streetview
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