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    Auction House London
    Lot 75A
    Maisonette
    60A Grove Road
    Romford, Essex, RM6 4PD
    Unsold. Contact the auctioneer.
     
    All
    Number 1
    A First and Second Floor Three Bedroom Split Level Maisonette Subject to Two Periodic Tenancies at a Combined Rent of £16,800 Per Annum.

    Description

    The property comprises a first floor three bedroom split level maisonette situated within a semi-detached building arranged over ground and second floors.

    Tenure

    Leasehold. The property is held on a 99 year lease from 24th June 2002 (thus approximately 77 years unexpired). 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.

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Seven Kings Park are within easy reach. Transport links are provided by Chadwell Heath underground station (Elizabeth line).

    Accommodation

    First Floor
    Reception Room
    Kitchen
    Bedroom
    Bathroom

    Second Floor
    Two Bedrooms
    Kitchenette

    Exterior

    The property benefits from off street parking.

    Tenancy

    The property is subject to two periodic tenancies at a combined rent of £1,400 per calendar month.

    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.

    EPC Rating

    C
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    020 7625 9007 or email us at info@auctionhouselondon.co.uk
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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