A Vacant First Floor Two Bedroom Flat
27C Leys Avenue, Letchworth Garden City, Hertfordshire, SG6 3ED
Description
A Vacant First Floor Two Bedroom Flat The property comprises a first floor two bedroom flat situated within a mixed use parade arranged over ground and two upper floors. The property requires a program of refurbishment. Tenure: Leasehold. The property is held on a 99 year lease from 29th September 1986 (thus approximately 60 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Howard Park are within easy reach. Transport links are provided by Letchworth Garden City rail station. Accommodation: First Floor Reception Room Kitchen Two Bedrooms Bathroom Exterior: The property benefits from an allocated parking space. 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. EPC Rating: E
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
