garages for sale
studio Flat
Property photos
Property description
Withdrawn Prior.Guide Price = £40,000+
*For Sale By Online PublicAuction 12th September 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
Four Vacant Single Storey Lock Up Garages
Tenure
Leasehold. Each garage is held on a 120 year lease from 25th December 1971 (thus approximately 67 years unexpired).
Location
The garages are situated on a residential road close to local shops and amenities. The open spaces of Gladstone Park are within easy reach. Transport links are provided by Neasden underground station (Jubilee line) and Wembley Stadium rail station.
Description
The property comprises four single storey lock up garages.
Note
Further Information
When purchasing a property 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.
*For Sale By Online PublicAuction 12th September 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
Four Vacant Single Storey Lock Up Garages
Tenure
Leasehold. Each garage is held on a 120 year lease from 25th December 1971 (thus approximately 67 years unexpired).
Location
The garages are situated on a residential road close to local shops and amenities. The open spaces of Gladstone Park are within easy reach. Transport links are provided by Neasden underground station (Jubilee line) and Wembley Stadium rail station.
Description
The property comprises four single storey lock up garages.
Note
Further Information
When purchasing a property 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.
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Council tax
First listed
3 weeks agoMarketed 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
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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