2 bed flat for sale

Flat 5 Berkeley Court, Neasden Lane, Neasden, London NW10

Guide Price = £45,000+

**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Ground Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £14,000 Per Annum

By Order of the Executors

Tenure
Leasehold. The property is held on a 99 year lease from 25th December 1936 (thus approximately 10 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Gladstone Park are within easy reach. Transport links are provided by Neasden underground station (Jubilee line) and Wembley Stadium rail station.

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

Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,166 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.

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