Guide price
£110,000
2 bed flat for sale2 Shipden House, High Street, Cromer, Norfolk NR27
2 beds
- Auction
- Leasehold
Auction House London
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About this property
Guide Price = £110,000+
**For Sale By Public Auction 6th August 2025 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant First Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 99 year lease from 12th March 2004 (thus approximately 77 years unexpired).
Location
The property is situated on a residential road close to the town centre. The open spaces of Cromer Beach are within easy reach. Transport links are provided by Cromer rail station.
Description
The property comprises a first floor two bedroom flat situated within a Grade II Listed mid terrace building arranging over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
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. If you do not fully understand this process, please ask the auctioneers or a solicitor.
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More information
Tenure
Leasehold (77 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review