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"Please refer to auctioneer for more information Guide Price £72,000

**For Sale By Public Auction 23rd April 2025 09 30 AM To inspect the legal documents for this property go to our website to download the legal pack**

A First Floor Three Room Maisonette Subject to an Assured Shorthold Tenancy Producing £18,000 Per Annum

Tenure
Leasehold. The property is held on a 64 year lease from 24th June 1972 thus approximately 12 years unexpired . A section 42 notice to extend the lease will be served prior to completion, the rights of which would 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 Wilmot Park are within easy reach. Transport links are provided by Crayford rail station.

Description
The property comprises a first floor three room maisonette situated within a semi detached building arranged over ground and first floors.

Accommodation
First Floor
Three Rooms
Kitchen
Bathroom

Exterior
The property benefits from a rear garden.

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,500 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. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D

Viewing Appointments to be Confirmed"