Guide price
£150,000
Studio for saleFlat E, 128 Upper Clapton Road, Hackney, London E5
1 bed
- Auction
- Leasehold
Auction House London
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About this property
Guide Price = £150,000+
**For Sale By Public Auction 6th August 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 Studio Flat
Tenure
Leasehold. The property is held on a 125 year lease from 6th October 1989 (thus approximately 89 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Stoke Newington Common are within easy reach. Transport links are provided by Clapton overground station and Lea Bridge rail station.
Description
The property comprises a first floor studio flat situated within a mid terrace building arranged over ground and three upper floors.
Accommodation
First Floor
Studio Room
Shower Room with WC
Note
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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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More information
Tenure
Leasehold (89 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review