*Guide | £250,000+ (plus fees)
- Semi-Detached House
- 3 Bedrooms
- Tenure: Leasehold. The property is held on a 50 year lease from 13th March 1998 (thus approximately 22 years unexpired). The property is subject to a modern ground rent payable with effect from 13 March 2023 at £23,500 Per Annum.
Call the team on 020 7625 9007 for more information
A Vacant Three Bedroom Semi Detached House Held on Short Lease
The property comprises a three bedroom semi detached house arranging over ground and two upper floors. The property requires a program of refurbishment.
Tenure
Leasehold. The property is held on a 50 year lease from 13th March 1998 (thus approximately 22 years unexpired). The property is subject to a modern ground rent payable with effect from 13 March 2023 at £23,500 Per Annum.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Streatham Common are within easy reach. Transport links are provided by Streatham rail station.
Accommodation
Ground Floor Two Reception Rooms Storage Room First Floor Reception Room Kitchen Bedroom Bathroom Separate WC Second Floor Two Bedrooms
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.
Energy Efficiency Rating (EPC)
Current Rating E
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.
Floor Plans
Click the image to view the full-sized floorplan.
