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Guide price £155,000
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Residential · Flat · Leasehold

A Second Floor Two Bedroom Flat

Flat 19 Cameford Court, New Park Road, Streatham Hill, London, SW2 4LH

Property type
Flat
Tenure
Leasehold

Description

A Second Floor Two Bedroom Flat The property comprises a second floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors. The property requires a program of refurbishment. Tenure: Leasehold. The property is held on a 99 year lease from 24th December 1975 (thus approximately 48 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Tooting Bec Common are within easy reach. Transport links are provided by Streatham Hill rail station. Accommodation: Second Floor Reception Room Kitchen Two Bedrooms 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. If you do not fully understand this process, please ask the auctioneers or a solicitor. EPC Rating: C

Financial Tools

Your estimated monthly payment
£646.16/mo
Deposit £38,750 (25%) Loan £116,250 Interest £77,597
Total cost £193,847 Total interest £77,597
Property price£155,000
Deposit25%
£38,750
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

Flat 19 Cameford Court, New Park Road, Streatham Hill, London, SW2 4LH
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