Flat for sale in 37 Springside Court, Josephs Road, Guildford, Surrey GU1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Guide Price = £70,000+
**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 Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 1st December 1985 (thus approximately 60 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Stoke Park are within easy reach. Transport links are provided by London Road rail station.
Description
The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 19th October 2020 at a rent of £800 per calendar month (Holding Over).
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
C
Viewing Schedule (No Booking Required)
Monday 22 July 2024 10:00 am - 10:30
Monday 29 July 2024 10:00 am - 10:30
Property info
For more information about this property, please contact
Auction House London, NW3 on +44 20 3641 1932 * (local rate)
Disclaimer
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.