1 Bed Flat For Sale

Guide Price = £40,000+



**For Sale By Public Auction 16th October 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**



A First Floor One Bedroom Maisonette Subject to an Assured Shorthold Tenancy Producing £7,800 Per Annum



Tenure

Leasehold. The property is held on a 99 year lease from 23rd March 1967 (thus approximately 40 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.



Location

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



Description

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



Accommodation

First Floor

Reception Room

Kitchen

Bedroom

Bathroom



Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £7,800 per annum.



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.



EPC Rating

E