House Enfranchisement, Expert Witness
House Enfranchisement, Expert Witness
House Enfranchisement, Expert Witness
Collective Enfranchisement, Expert Witness
Collective Enfranchisement, Expert Witness
Collective Enfranchisement, Expert Witness
Collective Enfranchisement, Expert Witness
Collective Enfranchisement, Expert Witness
Collective Enfranchisement, Lease Extensions
Collective Enfranchisement, Lease Extensions
Collective Enfranchisement, Lease Extensions
Collective Enfranchisement, Lease Extensions
Collective Enfranchisement, Lease Extensions

This property is also located on the River Thames in Barnes but this time next to the Boat House restaurant (which Rick Stein has recently taken over). Michael acted for the leaseholders on the collective enfranchisement.

The building comprises 18 flats with balconies facing the river in two attached blocks. The building had a head lease and the flats were held under leases with 102 year leases unexpired.

  • Collective enfranchisement
  • Acted on behalf of leaseholders who successfully acquired the freehold
  • Negotiated settlement

Issues

  • Flat values
  • Structural issues
  • Vertical division

Result

  • Michael Lee valuation £133,000; landlord valuation £175,200
  • Settled at £133,000 plus costs

Contact us: Office: 020 3376 3032 | Mobile: 07738 271826 | info@michael-lee.co.uk | instagram gold Michael_Lee_Surveyors

 

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