A First Floor Two Bedroom Flat
220A Hornchurch Road, Hornchurch, Essex, RM11 1QJ
A first floor two bedroom flat situated within a mid terrace building. The property is leasehold with approximately 58 years unexpired on a 99 year lease from 25th December 1985. Located on a mixed use road close to local shops and amenities, with Hylands Park nearby and Emerson Park underground station accessible.
Accommodation
- Reception Room
- Kitchen
- Bedroom 1
- Bedroom 2
- Bathroom
Full description
A first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors. The property comprises a reception room, kitchen, two bedrooms, and a bathroom on the first floor. The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hylands Park are within easy reach. Transport links are provided by Emerson Park underground station (Liberty line). The property is held on a leasehold basis with a 99 year lease from 25th December 1985, with approximately 58 years unexpired. We understand that the property is occupied, however the receivers have not been provided any evidence as such and no rent has been collected. Please refer to the legal pack for further information. The property has not been inspected by Auction House London. All information has been compiled from a report supplied by the receiver. When purchasing a flat with 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.
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
