2 bed flat for sale

Flat 7, Marlowe Court, Lymer Avenue, Crystal Palace, London SE19

Guide Price = £165,000+

**For Sale By Public Auction 28th May 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant First Floor Two Bedroom Flat

6 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1959 (thus approximately 32 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Crystal Palace Park are within easy reach. Transport links are provided by Penge West overground station and rail station.

Description
The property comprises a first floor two bedroom flat situated within a purpose built block arranging over ground and nine upper floors. The property requires a program of refurbishment. The property benefits from a lift.

Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from a garage.

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


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