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A Well Located Second Floor Two Bedroom Flat
The property comprises a second floor two bedroom flat situated within a mixed-use mid-terrace building arranged over ground and four upper floors.
Tenure
Leasehold. The property is held on a 99 year lease from December 1976 (thus approximately 51 years unexpired).
By Order of the Mortgagees in Possession
Location
The property is situated on a mixed-use road amongst the local shops and amenities. The open spaces of Bramham Gardens are within easy reach. Transport links are provided by Earl's Court underground station (District & Piccadilly line) and West Brompton Overground rail station.
Accommodation
Second Floor Reception Room Kitchen Two Bedrooms Bathroom
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.
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.