279 Moorfield, Harlow, Essex, CM18 7QW

Property Details: • Type: Flat • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 5 Hampstead Gate, 1A Frognal, Hampstead, London, NW3 6AL

Full Description: Guide Price = £50,000-£100,000

**For Sale By Public Auction 12th February 2025 09:00 AM To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Ground Floor One Bedroom Flat

Tenure Leasehold. The property is held on a 125 year lease from 9th May 1983 (thus approximately 83 years unexpired).

Location The property is situated on a residential road close to local shops and amenities. The open spaces of Harlow Woods are within easy reach. Transport links are provided by Roydon rail station and the A1169.

Description The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and three upper floors. The property requires a program of refurbishment.

Accommodation Ground Floor Reception Room Kitchen Bedroom Bathroom

Note The vendor estimates that the potential rental value for this property if presented in good condition is circa £1,000 per calendar month (£12,000 per annum). Buyers should rely on their own enquiries.

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. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating C

Viewing Schedule (No Booking Required)

Thursday 30 January 12:00 - 12:30 Wednesday 5 February 15:00 - 15:30 Saturday 8 February 10:00 - 10:30 Tuesday 11 February 12:00 - 12:30BrochuresLegal Documents