1 bed flat for sale

Flat 25 Northcotts, Great North Road, Hatfield, Hertfordshire AL9

Guide Price = £60,000+

**For Sale By Online Auction . To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Second Floor One Bedroom Flat with a Parking Space

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1972 (thus approximately 45 years unexpired).

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

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

Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom

Exterior
The property benefits from an allocated parking space.

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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