1 bedroom flat for sale
flat
bedroom
Property photos
+3
Property description
Guide Price = £70,000+
*For Sale By Online PublicAuction 15th October 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 31st March 1988 (thus approximately 62 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Chalkwell Park and Westcliff-on-Sea Beach are within easy reach. Transport links are provided by Westcliff rail station and Chalkwell rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £800 per calendar month.
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.
Viewing Appointments to be Confirmed
*For Sale By Online PublicAuction 15th October 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 31st March 1988 (thus approximately 62 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Chalkwell Park and Westcliff-on-Sea Beach are within easy reach. Transport links are provided by Westcliff rail station and Chalkwell rail station.
Description
The property comprises a first floor one bedroom flat situated within a mid terrace building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £800 per calendar month.
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.
Viewing Appointments to be Confirmed
Interested in this property?
Council tax
First listed
5 days agoEnergy Performance Certificate
Marketed by
Auction House London - Hampstead 5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6ALCall agent on 020 7625 9007
Placebuzz mortgage repayment calculator
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.
- Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House London - Hampstead. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House London - Hampstead for full details and further information.
