Flat 3, 393 Archway Road, Hornsey, London, N6 4ER

Flat 3393 Archway Road, Hornsey, London, N6 4ER£365,000+Guide Price (plus fees)AllA First Floor Three/Four Bedroom Flat Offered with Vacant Possession13 Week Completion AvailableDescriptionThe property comprises a first floor three/four bedroom flat situated within a mid terrace building arranged over ground and first floors.TenureLeasehold. The property is held on a 99 year lease from 19th December 2007 (thus approximately 80 years unexpired).LocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Highgate Wood Playground are within easy reach. Transport links are provided by Highgate underground station (Northern line) and Harringay rail station.AccommodationFirst FloorReception RoomKitchenThree/Four BedroomsBathroomFurther InformationWhen 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. If you do not fully understand this process, please ask the auctioneers or a solicitor.Financial ToolsyieldmortgageYour estimated rental retu…

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