Flat for sale in Chichester Road, London W2

Recently modernised two double bedroom apartment set within a well maintained ex-local authority development ideally located close to both Paddington and the desirable area of Little Venice. Accessed from the lower ground floor, the property is arranged over approx. 745 square foot and comprises of an entrance hallway, large L Shaped kitchen, two double bedrooms, a living room and bathroom. Benefits include a newly fitted kitchen, bathroom and flooring throughout. Outside to the rear is a large private garden. No chain.

Local Authority: Westminster
Length of lease: 83 years remaining; as part of the sale the vendor would be willing to serve the initial Section 42 notice to the freeholder and reassign to the new purchaser upon completion. The estimated cost for renewing the lease is between £6k-£8k plus legal costs. However with the recent Leasehold Reform bill, it may actually be better to renew (if you preferred) once the law comes into place (estimated 2025-2028).
Service Charge: £3363 per annum
Ground Rent: £10 per annum fixed