3 bed end terrace house for sale

422 Grace Way, Stevenage, Hertfordshire SG1

Guide Price = £185,000+

**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 Vacant Three Bedroom End of Terrace House

Tenure
Leasehold. The property is held on a 99 year lease from 29 September 1964 (thus approximately 38 years unexpired).

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

Description
The property comprises aI three bedroom end of terrace house arranged over ground and first floors. The property requires a program of refurbishment.

Accommodation
Ground Floor
Two Reception Rooms
Kitchen
Utility Room
Separate WC

First Floor
Three Bedrooms
Bathroom

Exterior
The property benefits from both front and rear gardens and 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.

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