A Vacant Ground Floor Two Bedroom Maisonette

Accommodation

• Reception Room
• Kitchen
• Bedroom 1
• Bedroom 2
• Bathroom

Full description

A vacant ground floor two bedroom maisonette situated within a mid terrace building arranged over ground and first floors. The property comprises a reception room, kitchen, two bedrooms and a bathroom. The property benefits from a rear garden. The property is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Country Park are within easy reach. Transport links are provided by Norwood Junction overground station and rail station. The property is held on a leasehold basis with a 99 year lease from 24th June 1977, thus approximately 50 years unexpired. 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.

Location