2 bed flat for sale

15 Cotlandswick, London Colney, St. Albans, Hertfordshire AL2

Guide Price = £95,000+

**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

Tenure
Leasehold. The property is held on a 125 year lease from 5th January 1981 (thus approximately 80 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Shenley Lane Playing Fields are within easy reach. Transport links are provided by How Wood rail station and the M25.

Description
The property comprises a first floor two bedroom flat situated within a purpose built building arranging over ground and first floors.

Accommodation
First Floor
Reception Room/Kitchen
Two Bedrooms
Bathroom

Exterior
The property benefits from an external storage unit and communal gardens.

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
F


Open House Viewings:
Viewing Schedule (No Booking Required)

Thursday 15 May 2025 5:15 pm - 17:45
Monday 19 May 2025 5:15 pm - 17:45
Wednesday 21 May 2025 5:15 pm - 17:45
Friday 23 May 2025 5:15 pm - 17:45
Tuesday 27 May 2025 5:15 pm - 17:45