Lot 17 Click here for addendum
Vacant 1 Bed Retirement Flat
On behalf of Executors
6 Week Completion
Situation
At the junction with the High Road (A1000) and conveniently located within close walking distance of all the various shopping, leisure and transport facilities in the town centre, in this popular London suburb located approx. 8 miles north of central London.
Property
Forming part of a purpose-built apartment block comprising a Self-Contained 1 Bed Retirement Flat on the second floor. The block is Warden Assisted and benefits from:
- Communal Gardens
- Communal Parking
- Entryphone System
- Passenger Lift
Accommodation
Second Floor Flat (measurements to maximum points)
Living Room 18'1" x 11'4"
Bedroom 14'9" x 10'1"
Kitchen 12'5" x 7'3"
Bathroom/WC 6'10" x 5'7"
GIA Approx. 589 sq ft
VAT is NOT applicable to this Lot
Tenure
Leasehold for a term of 125 years (less 10 days) from 30th November 1987 (thus having approx. 89 years unexpired - see Note 3) at a current ground rent of £75 p.a. (rising to £150 p.a. in 2037).
Offered with Vacant Possession
Note 1: The Flat must be occupied by people who are at least 60 years of age or for a couple, one of whom is such a person.
Note 2: Flat 24 Hamilton Square sold for £325,000 in June 2021 (Source: Zoopla).
Note 3: At the request of the Purchaser and prior to completion, the Vendor will serve a Section 42 Notice to extend the lease and assign this benefit to the Purchaser. This would be for an additional 90 year lease and extinguishment of the ground rent.
VIRTUAL TOUR
Click here to view the video tour of the flat.
