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A Ground Floor Two Bedroom Flat
The property comprises a ground floor two bedroom flat situated within a end of terrace building arranged over ground and three upper floors.
Tenure
Leasehold. The property is held on a 99 year lease from January 1977 (thus approximately 51 years unexpired). Assumed Accommodation First Floor Reception Room Kitchen Two Bedrooms Bathroom
By Order of the Mortgagees NOT in Possession
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lampton Park are within easy reach. Transport links are provided by Hounslow West Underground (Piccadilly line) & Hounslow rail station.
The property has not been inspected by Auction House London nor the Receivers. All information has been supplied by the Receivers from previous investigations. However, all buyers are to rely on their own enquiries.
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 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.