Property for Auction in London - [Print Version]

Auction Date:

Wed 02/07/2025

Start Time

09:30

Property Type:

Other

The property comprises a fourth floor two bedroom flat situated within a purpose built block arranging over ground and three upper floors.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Rosehill Park East are within easy reach. Transport links are provided by St Helier rail station.

Accommodation

Fourth Floor Reception Room Kitchen Two Bedrooms Bathroom

Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £1,069.68 per calendar month.

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. If you do not fully understand this process, please ask the auctioneers or a solicitor.

Tenure

Leasehold. The property is held on a 125 year lease from 24th June 1986 (thus approximately <b>86 years unexpired</b>).

Location Map