Flat 3 Riverside

For Sale £200,000

3 bedroom Apartment

Property Description

Online auction date: 9 November 2021. Bidding opens at 9:00am and closes at 12:00noon. By TOWN AND COUNTRY PROPERTY AUCTIONS LONDON -https://www.townandcountrypropertyauctions.co.uk/london/ Great investor opportunity to purchase a reverse split level duplex flat with three bedrooms, lounge, kitchen and a bathroom. The flat is approximately 700 sq ft and is presented in good order.
These properties will only be of interest to CASH purchasers as the current leases have approximately 49 years remaining. The flats are tenanted on AST agreements and are currently rented at £1,100 per month representing a yield of 6.6% at the guide price.
Very convenient location for all amenities including Sainsbury’s supermarket and other out of town shopping retailers.

EPC Rating C

Leasehold Information: Length of lease: Approximately 49 years remaining
Service Charge: see legal pack
Ground Rent: £20 per annum

FOR SALE BY ONLINE AUCTION ON 9TH NOVEMBER 2021 – BIDDING OPENS AT 9:00AM AND CLOSES AT 12:00 NOON.
All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.
Bidding is also available by way of telephone and proxy. 
Please note that wherever possible viewings will be by virtual tour.  Any viewings that we do conduct in person will follow current Government guidelines.
For further information please contact our auction team on 02030 111499.

Exchange and administration fee information:  (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.
 
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