- 2 bedrooms
- 1 bathroom
- 1 reception room
- Being sold by online auction
- Buy-it-now option available
- Split level flat
- Chain free
- Two double bedrooms
- Excellent location
- Potential to open plan
- Great transport links
- In need of modernisation
Description Being Sold by Online Auction
Starting Bids from Â£340,000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions.
To book a viewing visit Purplebricks
This spacious two double bedroom maisonette with private balcony situated on the border of Kennington and Elephant & Castle offered chain free.
The accommodation is split between the first and second floor of a small low rise purpose built block, providing good sized rooms throughout.
The area benefits from excellent local transport links: With Kennington 0.2 and Elephant & Castle is less than a 0.5 mile walk away. It is also well connected with bus routes to Clapham, Brixton and Waterloo, whilst the West End is walking distance.
The location of this property also offers the perks of being a short walk from the growing number of bars and restaurants in the surrounding neighbourhoods of Camberwell, Peckham and Vauxhall. Ideal for first time buyers and/or investors.
This property is offered for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the vendorâs solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyerâs Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneers authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyerâs Premium of Â£7,800 including VAT, plus an administration charge of Â£354 including VAT, a total of Â£8,154. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website.
The Buyerâs Premium and administration charge are in addition to the final negotiated selling price.
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. View more View less
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