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Guide price

£105,000

2 bed flat for sale
33 High Plash, Cuttys Lane, Stevenage, Hertfordshire SG1

    • 2 beds

  • EPC Rating: E

Auction
Leasehold
Added on 28/10/2025

About this property

    Please refer to auctioneer for more information Guide Price = £105,000+

    **For Sale By Public Auction 13th November 2025 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

    A Eighth Floor Two Room Flat Subject to a Lease Producing £15,827.76 Per Annum

    Tenure
    Leasehold. The property is held on a 119 year lease from 5th September 1988 (thus approximately 82 years unexpired).

    Location
    The property is situated on a residential road close to local shops and amenities. The open spaces of King George V Recreation Ground are within easy reach. Transport links are provided by Stevenage rail station.

    Description
    The property comprises a eighth floor two room flat situated within a purpose built block arranged over ground and twelve upper floors. The property benefits from a lift. The property requires a program of refurbishment and repairs.

    Accommodation
    Eighth Floor
    Reception Room/Kitchen
    Two Rooms
    Bathroom

    Tenancy
    The property is let to the mayor and burgesses of the london borough of lewisham for a term of 3 years commencing 15th September 2025 at a rent of £15,827.76 per annum.

    Note
    The property has not been inspected by Auction House London. All information has been supplied by the vendor.

    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
    E


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