*Guide | £275,000+ (plus fees)
- Flat
- 2 Bedrooms
- Tenure: Leasehold. The property is held on a 99 year lease from 24th June 1987 (thus approximately 60 years unexpired).
Call the team on 020 7625 9007 for more information
A Well Located Vacant First Floor Two Bedroom Flat
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1987 (thus approximately 60 years unexpired).
Location
The property is situated in the sought after Maida Vale close to local shops and amenities. The open spaces of Queens Park are within easy reach. Transport links are provided by Queen's Park underground station (Bakerloo line) and overground station.
Accommodation
First Floor Reception Room Kitchen Two Bedrooms Bathroom
Exterior
The flat benefits from access to a roof terrace that is not included within the property’s demise. We are informed that the previous owners have enjoyed use of the terrace for the past 20+ years which is supported by a statutory declaration within the legal pack.
The property is being sold as seen, and all existing furniture and furnishings will remain as part of the sale. The directors of Auction House London have an interest in this property.
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.
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
