Property for Auction in London - [Print Version]

Auction Date:

Wed 12/02/2025

Start Time

9:00

Property Type:

Other

The property comprises a first floor two bedroom flat situated within a purpose built block arranged 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 Pinkwell Park are within easy reach. Transport links are provided by Hayes & Harlington rail station and the M4.

Accommodation

First Floor Reception Room Kitchen Two Bedrooms Bathroom

Exterior

The property benefits from a garage.

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.

Tenure

Leasehold. The property is held on a 99 year lease from 25th December 1966 (thus approximately <b>40 years unexpired</b>). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

Floor Plan

Location Map