For sale by online public auction on May 21st, 2024, is a leasehold one bedroom flat located on the first floor of a purpose-built block in London. The property has a guide price of £100,000+ and is held on a 99-year lease from 1981, with approximately 56 years remaining. The flat comprises a reception room with an open-plan kitchen, bedroom, bathroom, and is situated near local shops and amenities. When purchasing a flat with a short lease, it is important to understand the additional costs associated with extending the lease, including serving a Section 42 notice to the freeholder and paying a premium.