Guide price
£100,000
2 bed flat for saleFlat 41 Mayflower House, The Drive, Great Warley, Brentwood, Essex CM13
2 beds
EPC Rating: D
- Auction
- Freehold
Auction House London
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About this property
Guide Price = £100,000+
**For Sale By Public Auction 28th May 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Fifth Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £21,000 Per Annum
Tenure
Leasehold. The property is held on a 125 year lease from 30th April 1984 (thus approximately 84 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Warley Playing Fields are within easy reach. Transport links are provided by Brentwood Crossrail station (Elizabeth line) and Shenfield rail station.
Description
The property comprises a fifth floor two bedroom flat situated within a purpose built block arranging over ground and five upper floors. The property benefits from a lift.
Accommodation
Fifth Floor
Reception Room with Open Plan Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and allocated parking.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,750 per calendar month.
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
D
Viewing Schedule (No Booking Required)
Tuesday 20 May 2025 12:00 pm - 12:30
Thursday 22 May 2025 12:00 pm - 12:30
Tuesday 27 May 2025 12:00 pm - 12:30