A Vacant Ground Floor One Bedroom Flat
Flat 1 Rotherwick Court, 72 Alexandra Road, Farnborough, Hampshire, GU14 6DD
Description
A Vacant Ground Floor One Bedroom Flat The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors. Tenure: Leasehold. The property is held on a 99 year lease from 28th April 1969 (thus approximately 44 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Osborne Road Park are within easy reach. Transport links are provided by North Camp rail station. Accommodation: Ground Floor Reception Room Kitchen Bedroom Bathroom 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. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor. EPC Rating: D
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
