A Vacant Ground Floor Studio Flat
Flat C, 48 Morrish Road, Lambeth, London, SW2 4EG
Description
A Vacant Ground Floor Studio Flat The property comprises a ground floor studio flat situated within a mid terrace building arranged over ground and two upper floors. Tenure: Leasehold. The property is held on a 99 year lease from 24th December 1985 (thus approximately 58 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Holmewood Gardens are within easy reach. Transport links are provided by Streatham Hill rail station. Accommodation: Ground Floor Studio Room Kitchen 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: D
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
