Residential · Flat · Leasehold

A Vacant First and Second Floor Two Bedroom Split Level Flat

Flat 2, 192 Hainault Avenue, Westcliff-on-Sea, Essex, SS0 9EX

Property type
Flat
Bedrooms
2
Bathrooms
1
Receptions
1
Tenure
Leasehold
EPC
D

A vacant two-bedroom split-level flat on the first and second floors of a semi-detached building. The property requires refurbishment and is held on a leasehold with approximately 49 years unexpired.

Split-level layout Requires refurbishment Short lease (49 years) Near Priory Park Rail station access

Accommodation

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

Full description

A vacant first and second floor two-bedroom split-level flat situated within a semi-detached building arranged over ground and two upper floors. The property requires a program of refurbishment. Tenure: Leasehold. The property is held on a 90 year lease from 1st July 1985, with approximately 49 years unexpired. Location: The property is situated on a residential road close to local shops and amenities. Priory Park is within easy reach. Transport links are provided by Westcliff rail station. Accommodation: First Floor: Reception Room Second Floor: Kitchen (removed), Two Bedrooms, Bathroom Note on Short Leasehold: When purchasing a flat with a short lease, you should be aware that in addition to the purchase price, extending the lease to 90+ years will require paying a premium to the freeholder via a Section 42 notice. The freeholder has the right to refuse and submit a counter offer. Professional advice from solicitors or the auctioneers is recommended.

Financial Tools

Your estimated monthly payment
£250.12/mo
Deposit £15,000 (25%) Loan £45,000 Interest £30,037
Total cost £75,037 Total interest £30,037
Property price£60,000
Deposit25%
£15,000
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 2, 192 Hainault Avenue, Westcliff-on-Sea, Essex, SS0 9EX
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