A Vacant Second Floor Two Bedroom Flat

Accommodation

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

Full description

A vacant second floor two bedroom flat situated within a mid terrace building arranged over ground and two upper floors. The accommodation comprises a reception room, kitchen, two bedrooms, bathroom and separate WC on the second floor. The property is situated on a residential road close to local shops and amenities. The open spaces of St Chad's Park are within easy reach. Transport links are provided by Romford rail station. The property is held on a leasehold basis. It is held on a 99 year lease from 29th September 1975, with approximately 48 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