1 bedroom Flat for sale in Markwell Wood Harlow CM19

Sale Price: £130,000

Markwell Wood Harlow, CM19 5QY

Flat
1 Bed(s)
-- Bath(s)
Available

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Centurion

 Equity House, 4-6 Market Street, Old Harlow,
*When you call don't forget to mention Overstreet.co.uk
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Street Address

Markwell Wood Harlow, CM19 5QY

Property description

PRICE GUIDE £120,000 to £130,000: A ONE BEDROOM GROUND FLOOR FLAT with a carport. The property is located on the outskirts of Harlow close to open fields. The accommodation comprises of a 13'2 x 9'0 lounge, 8'2 x 6'10 kitchen and a 10'6 x 7'11 bedroom. There is also a grey bathroom suite and uPVC double glazed windows.
Lease Details: There is currently just over 70 years remaining on the lease and there a few options available to a purchaser, please read full details for further information.

Entrance Hall
Glazed front door, storage/airing cupboard.

Lounge - 13' 2'' x 9' 0'' (4.01m x 2.74m)
Wall mounted electric heater, uPVc double glazed window to front.

Kitchen - 8' 2'' x 6' 10'' (2.49m x 2.08m)
White sink unit with a range of work tops, wall & base units, cooker recess. Washing machine & fridge available but no warranties given.

Bedroom - 10' 6'' x 7' 0'' (3.20m x 2.13m)
uPVC double glazed window to front, wall mounted electric heater.

Carport
Within the communal parking area there is a Carport adjacent to the bin storage area.

Lease Details
The current lease is around 70 years remaining and has a service charge payable of £730 per year and a ground rent of £60 per year.

Our seller has contacted the management company to enquire about extending the lease and they have provided the 3 options below.

Option 1: Pay £10,845 for 90 years lease extension, service charge stays at £730 per year and ground rent of £60 per year. (SC & GR = £65.84 per month).
Option 2: Pay £5,710 for new 100 year lease, service charge stays at £730 per year, ground rent of £332 per year (SC & GR = £88.51 per month).
Option 3: Pay £576 for new 100 year lease, service charge stays at £730 per year, ground rent of £590 per year (SC & GR = £110.01 per month).

The seller has not started the process of any of the above options however if you would like the seller to get the ball rolling with any of the above then please let us know at your point of offering.

Property Features :

  • Lounge 13´2 x 9´0
  • Kitchen 8´2 x 6´10
  • Bedroom One 10´6 x 7´11
  • Outskirts Of Harlow
  • Ground Floor
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