Flat for sale in 74 Trotwood, Chigwell, Essex IG7

Guide price £100,000
Interested in this property? Call +44 20 3641 1932 * or Request Details

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Flat for sale - 2 bedrooms

2

Tenure:
Leasehold
Time remaining on lease:
56 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Utilities and more details

Property description

Guide Price = £100,000+

**For Sale By Public Auction 31st July 2024 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Third Floor Two Bedroom Flat

6 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1981 (thus approximately 56 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Claybury Park are within easy reach. Transport links are provided by Hainault underground station (Central line).

Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.

Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from communal gardens.

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. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating

D


Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 18 July 2024 11:00 am - 11:30
Monday 22 July 2024 11:00 am - 11:30
Wednesday 24 July 2024 11:00 am - 11:30
Friday 26 July 2024 11:00 am - 11:30
Tuesday 30 July 2024 11:00 am - 11:30

Property info
Floorplan(s): Floorplan 1

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For more information about this property, please contact
Auction House London, NW3 on +44 20 3641 1932 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House London, and do not constitute property particulars. Please contact Auction House London for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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