1 bed flat for sale

402 Craven Park Road, Tottenham, London N15

Guide Price = £200,000+

**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 Second Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 125 year lease from 11th January 1988 (thus approximately 87 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Markfield Park are within easy reach. Transport links are provided by Seven Sisters underground station (Victoria line) and rail station.

Description
The property comprises a second floor one bedroom flat situated within a purpose built block arranging over ground and three upper floors.

Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom

Exterior
The property benefits from a private balcony.

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
C