A Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £21,600 Per Annum
21 The Vale, Acton, London, W3 7SA
Description
A Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £21,600 Per Annum The property comprises a ground floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors. Tenure: Leasehold. The property is held on a 69 year lease from 24th June 1968 (thus approximately 11 years unexpired). Location: The property is situated on a mixed use road close to local shops and amenities. The open spaces of Acton Park are within easy reach. Transport links are provided by East Acton underground station (Central line) and Acton Central rail station. Accommodation: Ground Floor Reception Room Kitchen Two Bedrooms Bathroom Tenancy: The property is subject to a Periodic Tenancy at a rent of £21,600 per annum. Note: Section 21 been served 05/03/2026 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.
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
