Residential · Flat · Leasehold

A Vacant Fifth Floor One Bedroom Flat

Flat E53 Du Cane Court, Balham High Road, Balham, London, SW17 7JL

Property type
Flat
Bedrooms
1
Bathrooms
1
Receptions
1
Tenure
Leasehold
EPC
C

A vacant fifth-floor one-bedroom flat within a purpose-built residential building with lift access. The property requires refurbishment and repairs and is held on a leasehold with approximately 9 years unexpired (68-year lease from March 1967). EPC rating C.

Lift access Off-street parking Wandsworth Common nearby Underground and rail links

Accommodation

  • Reception Room
  • Kitchen
  • Bedroom
  • Utility Room
  • Bathroom
  • Separate WC

Full description

A vacant fifth floor one bedroom flat situated within a purpose built building arranged over ground and seven upper floors. The property benefits from lift access. The property comprises a reception room, kitchen, bedroom, utility room, bathroom, and separate WC. The property is situated on a residential road close to local shops and amenities. The open spaces of Wandsworth Common are within easy reach. Transport links are provided by Tooting Bec underground station (Northern line) and Wandsworth Common rail station. The property block benefits from off-street parking. The property is held on a leasehold basis with a 68-year lease from 25th March 1967, with approximately 9 years unexpired. The property requires a program of refurbishment and repairs. When purchasing a flat with a short lease, you should be aware 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. EPC Rating: C

Financial Tools

Your estimated monthly payment
£187.59/mo
Deposit £11,250 (25%) Loan £33,750 Interest £22,528
Total cost £56,278 Total interest £22,528
Property price£45,000
Deposit25%
£11,250
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 E53 Du Cane Court, Balham High Road, Balham, London, SW17 7JL
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