For Sale By Auction | 08:45, 12 March 2024 | Lot 80

Flat 59 Cambridge Court, Amhurst Park, Stamford Hill, London, N16 5AQ

*Guide | £310,000+ (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 125 year lease from 29th September 1968 (thus approximately 69 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.

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/03/2024

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Thu 29 Feb

14:00-14:30

Mon 4 Mar

14:00-14:30

Wed 6 Mar

14:00-14:30

Fri 8 Mar

14:00-14:30

Sat 9 Mar

12:00-12:30

Mon 11 Mar

12:00-12:30

A Vacant Third Floor Two Bedroom Flat

The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and four upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 29th September 1968 (thus approximately 69 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 Allens Gardens are within easy reach. Transport links are provided by Manor House underground station (Piccadilly line) and Seven Sisters rail station.

Accommodation

Third Floor Reception Room Kitchen Two Bedrooms Bathroom

Exterior

The property benefits from a balcony and a lift.

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.

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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