The property comprises a ground floor one bedroom flat situated within an end of terraced building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 25th March 1985 (thus approximately 58 years unexpired).

Portrait Video Tour

False

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Recreation Ground are within easy reach. Transport links are provided by Norwood Junction underground station (Windrush line) and Selhurst rail station.

Accommodation

Ground Floor Reception Rooms 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.

Services

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

Additional Fees

Buyer's Premium - £1,560 incl. VAT

Administration Charge - £1,500 incl. VAT

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