2 bed flat for sale

16 Lakeside Place, London Colney, St. Albans, Hertfordshire AL2

Guide Price = £70,000+

**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Ground Floor Two Bedroom Flat

6 Week Completion Available

Tenure
Leasehold. The property is held on a 99 year lease from 2nd February 1979 (thus approximately 51 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Broad Colney Lakes Nature Reserve are within easy reach. Transport links are provided by How Wood rail station and the M25.

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

Accommodation
Ground Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

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.

Open House Viewings To Be Confirmed