COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 03 March 2021 | Lot 23

Flat 2, 26 Grove Hill, South Woodford, London, E18 2JG

*Guide | £200,000+ (plus fees)

  • Ground Flat
  • 1 Bedroom
  • Tenure: Leasehold. The property is held on a 99 year lease from 24th June 1973 (thus approximately 51 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. We understand from the vendor that the Freeholder has offered an extension to 99 years for £41,000.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 03/03/2021

Auction Time

12:00

Auction Venue

Live Stream

Viewing Times:

Wed 17 Feb

14:00-14:30

Fri 19 Feb

14:00-14:30

Tue 23 Feb

14:00-14:30

Thu 25 Feb

14:00-14:30

Mon 1 Mar

14:00-14:30

A One Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £12,600 per annum

The property comprises a ground floor one bedroom flat situated within a purpose built block of seven flats arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 99 year lease from 24th June 1973 (thus approximately 51 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. We understand from the vendor that the Freeholder has offered an extension to 99 years for £41,000.

Location

The property is situated on a residential road close to the local shops and amenities of . Woodford Road. The open spaces of The Doughnut Park are within easy reach. Transport links are provided by South Woodford underground station (Central line) which is a just short walk away.

Accommodation

Ground Floor Large Reception Room/Dining Area Kitchen Bedroom Bathroom

Exterior

The property benefits from direct access to the communal gardens and off street parking.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 17th May 2020 at a rent of £1,050 per calendar month.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.