Property photos
Auction
Leasehold
Guide price
£10,000
Studio for sale
Lower Ground Floor 88 Leigham Vale, Streatham, London SW16Tenure:
Leasehold
Time remaining on lease:
90 years
Service charge:
Not available
Council tax band:
Not available
Ground rent:
Not available
Local area information
Property location
Nearby amenities
- Hitherfield Primary School 0.2 miles
- Streatham Wells Primary School 0.3 miles
- Tulse Hill 0.4 miles
- West Norwood 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Brixton to find out more about the area.
Features and description
- Leasehold
- A Vacant Lower Ground Floor Unit
Guide Price = £10,000+
**For Sale By Public Auction 6th December 2023 08:45 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Lower Ground Floor Unit
Tenure
Leasehold. The property is held on a 99 year lease from 30th October 2015 (thus approximately 91 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Hillside Gardens Park are within easy reach. Transport links are provided by Tulse Hill rail station.
Description
The property comprises a lower ground floor unit situated within a mid terrace building arranged over lower ground, ground and two upper floors. There may be potential for development (subject to obtaining all necessary consents).
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.
There are no internal viewings
**For Sale By Public Auction 6th December 2023 08:45 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Lower Ground Floor Unit
Tenure
Leasehold. The property is held on a 99 year lease from 30th October 2015 (thus approximately 91 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Hillside Gardens Park are within easy reach. Transport links are provided by Tulse Hill rail station.
Description
The property comprises a lower ground floor unit situated within a mid terrace building arranged over lower ground, ground and two upper floors. There may be potential for development (subject to obtaining all necessary consents).
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.
There are no internal viewings
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Auction House London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House London for full details and further information.