2 bedroom flat for sale

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2 bedroom flat for sale

61 Russell Road, Enfield, Middlesex, EN1 4TW
£110,000

Our Summary

  • Guide Price = £110,000+*For Sale By Online PublicAuction 13th November 2024 10:00 AM

Description

This vacant first-floor two-bedroom maisonette is located on a residential road, close to local shops and amenities, and within easy reach of Hoe Green Park and transport links. The property, held on a 99-year lease from 1937, comprises a reception room, kitchen, two bedrooms, and a bathroom, and benefits from a private garden and a derelict garage. However, it's important to note that the lease has approximately 12 years unexpired, and buyers should be aware that they will need to pay a premium to the freeholder to extend the lease to 90+ years. This process involves serving a Section 42 notice and negotiating a price with the freeholder, and buyers should seek advice if they are unsure about the process. The property is being sold by online public auction on November 13th, 2024, with a guide price of £110,000+.
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