020 7625 9007
Your Local Property Auctions Specialist
Wed 23/04/2025
09:30
Other
The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors.
The property is situated on a residential road close to local shops and amenities. The open spaces of Osborne Road Park are within easy reach. Transport links are provided by North Camp rail station.
Ground Floor Reception Room Kitchen Bedroom Bathroom
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.
Leasehold. The property is held on a 99 year lease from 28th April 1969 (thus approximately <b>44 years unexpired</b>).
Current Energy Efficiency Rating D
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.