Land & development · Garages · Leasehold

A Vacant Single Storey Lock Up Garage

Garage 9 at Copperfield Court, 148 Worple Road, Wimbledon, London, SW20 8QA

Property type
Garages
Tenure
Leasehold

A vacant single storey lock up garage held on a leasehold with approximately 56 years unexpired (99 year lease from 25th December 1983). Located on a residential road close to local shops and amenities, with easy access to Dundonald Recreation Ground and Raynes Park rail station.

Full description

The property comprises a single storey lock up garage. The garage is held on a leasehold basis, with a 99 year lease from 25th December 1983, leaving approximately 56 years unexpired. The garage is situated on a residential road close to local shops and amenities. The open spaces of Dundonald Recreation Ground are within easy reach. Transport links are provided by Raynes Park rail station. Please note that when purchasing a property with a short lease, 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 requesting a lease extension with a suggested price. 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.

Financial Tools

Your estimated monthly payment
£41.69/mo
Deposit £2,500 (25%) Loan £7,500 Interest £5,006
Total cost £12,506 Total interest £5,006
Property price£10,000
Deposit25%
£2,500
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

Garage 9 at Copperfield Court, 148 Worple Road, Wimbledon, London, SW20 8QA
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