Guide price
£120,000
2 bed flat for saleFlat 23 Springfield Court, Forsythia Close, Ilford, Essex IG1
2 beds
EPC Rating: C
- Auction
- Leasehold
Auction House London
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About this property
Guide Price = £120,000+
**For Sale By Public Auction 6th August 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Second Floor Two Bedroom Flat
Tenure
Leasehold. The property is held on a 125 year lease from 1st January 1990 (thus approximately 89 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Little Ilford Park are within easy reach. Transport links are provided by Barking underground station (Circle line) and rail station.
Description
The property comprises a second floor two bedroom flat situated within a purpose built block arranging over ground and two upper floors.
Accommodation
Second Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from communal gardens and allocated parking.
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.
EPC Rating
C
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More information
Tenure
Leasehold (89 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review