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2 bed flat
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Our Summary
- In need of modernisation
- Great investment opportunity
- The property is in need of full modernisation throughout, presenting a superb opportunity for investors or buyers looking to add value
- The flat is in need of full modernisation throughout, making it ideal for investors, developers, or owner-occupiers keen to create a bespoke home tailored to their own specification
- Available to the market with offers considered, reflecting the scope to modernise and add value
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Description
The property is a two-bedroom, one-bathroom first floor flat located near Queensbury Station, with 78 years remaining on a 125-year lease from 1979. The lease can be extended, typically adding a further 47 years and reducing ground rent to zero, subject to valuation and freeholder terms. The flat is in need of full modernisation throughout and benefits from good access to transport links, local shops, and amenities.
The annual service charge is approximately £3,350 and ground rent is £150 every 6 months.