Flat for sale in 46 Cuffley Court, Hemel Hempstead, Hertfordshire HP2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Guide Price = £100,000+
**For Sale By Public Auction 11th September 2024 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Second Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £20,400 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1973 (thus approximately 48 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Grovehill Playing Fields are within easy reach. Transport links are provided by Hemel Hempstead rail station.
Description
The property comprises a second floor three bedroom flat situated within a purpose built block arranged over ground and two upper floors.
Accommodation
Second Floor
Kitchen/Reception Room
Three Rooms
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,700 per calendar month.
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
E
Viewing Appointments to be Confirmed
Addendum
The annual rent is £20,400 per annum and not as previously stated within our particulars.
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.