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Flat 37, George Loveless House, Diss Street, London E2 7QY

Timed Auction
 

Guide Price £295,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band: B
  • One bedroom
  • Third floor apartment
  • Excellent connections into the city
  • EPC Rating: C
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Flat

Property Description:

A one bedroom apartment in London

A one bedroom apartment situated on the 3rd floor of a Grade II-listed block boasting modern and well-proportioned accommodation, double glazing throughout and an excellent location. The property sits within a quarter of a mile from Hoxton Overground station and Columbia Road, providing excellent connections into the City.

The property is situated moments from a range of shops and amenities that can be found on Hackney Road and nearby Columbia Road. Transport links include Old Street, Liverpool Street and Shoreditch High Street Stations as well as a number of bus routes available on Hackney Road.

Conservation Area

We have been made aware this property is in The Hackney Road<br>conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.

Leasehold Information

125 years from 8 February 1988.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
We have been informed that actual Service charge 2024 (bill Sep 2024) is £1,656.16 however we have not been provided with evidence of this and prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability

BT and Sky are available in this location.

Broadband (estimated speeds)

Standard 16 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.

Construction Material

System built, as built, no insulation (assumed). Information taken from EPC.

Notes

We have been informed that there is a bike locker associated with the flat and that parking can be applied for via the council.<br><br>Completion is to take place on 31st July 2025 or earlier by agreement

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£10

Unexpired Years

87

Annual Service Charge

£1,656


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.