Apartment
A one bedroom investment property currently tenanted and found in a popular residential location close to a wide range of local amenities.
This apartment is located in a very sought after location and offers easy access to Richmond Park, Queen Marys Hospital and Roehampton University.
Internally the property is well proportioned and consists of a good sized reception room, separate kitchen and a generous bedroom.
Transport options are excellent with numerous bus links into Putney, Barnes and Kingston whilst connections to Waterloo are possible via Barnes Station. The A3 / M3 corridor is easily accessible also.
The apartment is currently let at £1,200 pcm and offers plenty of scope increase.
The Lease is for a term of 125 years from 23 October 1989. The legal pack confirms the ground rent as a peppercorn and estimated service charge for 2023/2024 is confirmed as £1,309.<br>Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Construction Material: Standard brick. Heating: Boiler and radiators, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, EE and Three show as high in this area, and Vodafone as medium. Satellite and Cable - BT and Sky show as available in this area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
90
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Off Street, Residents
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
