Residential · Flat · Leasehold

A Vacant Ground Floor Three/Four Bedroom Flat

Flat 230 Lauderdale Mansions, Lauderdale Road, Maida Vale, London, W9 1NQ

Property type
Flat
Bedrooms
3
Bathrooms
1
Receptions
1
Tenure
Leasehold

A vacant ground floor flat with three or four bedrooms, situated in a mid-terrace building in Maida Vale, London. The property is held on a leasehold with approximately 51 years unexpired.

Ground floor flat En-suite bedroom Maida Vale location Underground access Short lease

Accommodation

  • Reception Room/Bedroom
  • Kitchen
  • Bedroom 1
  • Bedroom 2
  • Bedroom 3 (with en-suite)
  • Bathroom

Full description

A vacant ground floor three/four bedroom flat situated within a mid-terrace building arranged over lower ground, ground and four upper floors. The accommodation comprises a reception room/bedroom, kitchen, three bedrooms (one with an en-suite), and a bathroom. Access to the basement is available via an internal staircase, though the basement does not form part of the title being sold. The property is situated in the highly sought-after area of Maida Vale close to local shops and amenities. The open spaces of Paddington Recreation Ground are within easy reach. Transport links are provided by Maida Vale underground station (Bakerloo line) and Queens Park overground station. The property is held on a leasehold tenure with a 99-year lease from 29th September 1977, thus approximately 51 years unexpired. When purchasing a flat with a short lease, buyers should be aware that in addition to the purchase price, if they wish to extend the lease to 90+ years, they will need to pay a premium to the freeholder by way of serving a Section 42 notice to the freeholder requesting a lease extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price.

Financial Tools

Your estimated monthly payment
£2,918.12/mo
Deposit £175,000 (25%) Loan £525,000 Interest £350,436
Total cost £875,436 Total interest £350,436
Property price£700,000
Deposit25%
£175,000
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 230 Lauderdale Mansions, Lauderdale Road, Maida Vale, London, W9 1NQ
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