7 Old Market Square, London, E2 7PQ
- Conditional Online Auction Sale
- Bedrooms: 2
GOTO AUCTIONS ARE PLEASED TO PRESENT TO THE MARKET THIS TWO BEDROOM MAISONETTE SITUATED IN LONDON - E2
Tenure
LEASEHOLD
Description
Visit PURPLEBRICKS.CO.UK 24/7 to make arrangements to view!!
The benefits of living in a house – for the price of a flat!
Boasting an impressive 750 sq ft (approx) of accommodation is this exceptional two double bedroom split level maisonette.
The property has been subject to recent renovation by its current owners and presents a great opportunity for any purchaser looking to acquire a home with real turn-key appeal!... Just move straight in, relax and enjoy!
The property features access to a large private balcony – perfect for al-fresco dining, entertaining guests or for simply unwinding with a good book in hand on a sunny afternoon!
This superbly appointed maisonette comes equipped with many of the features one would find in a house, such as two storey configuration, own front entrance, double sized bedrooms and ample storage capacity in the form of various built-in cupboards and units. Additionally, the property has recently rewired with certification and has had a new Vaillant combination boiler installed.
This property also carries the advantage of being marketed with NO ONWARD CHAIN.
Location
THE BEATING HEART OF CONTEMPORARY EAST LONDON!
Situated within a virtual stone’s throw of Columbia Road Flower Market, the apartment sits on the borders of the two fashionable districts of Shoreditch and Hoxton....The vibrancy of both Broadway Market as well as Hoxton, with their eclectic array of café's, restaurants, bars and boutique style shops lie within easy reach on foot.
For the convenience of commuters, Hoxton Overground Station is just moments from the front door. Liverpool Street Station (1 mile approx'), Old Street as well as Bethnal Green Central Line Tube Stations are all also situated within walking distance of the property. Buses from nearby go directly into Oxford Street and Bank, whilst the overground takes you to Canary Wharf and North London.
Just a couple of hundred meters or so to the north-east lies the greenery of Haggerston Park – perfect for recreational activities, relaxation or picnicking with friends. Slightly further afield, but still comfortably accessible on-foot are both London Fields and the expansive open-spaces, weekend farmer’s market and inviting park-side pubs on offer at Victoria Park.
The apartment’s favourable location also means that you will have many of London's world famous cultural, culinary and social hotspots at your convenient disposal. Whether you're in the mood for the cosmopolitan diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some of the trendy hang-outs synonymous with the Shoreditch and Old Street areas, there really is something for everyone, and access to all of it could hardly be easier!
Property ownership information
Ground rent review period: No review period
Service charge review period: Every 1 year
Lease end date: 30/10/2114
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.
EPC Rating
CURRENT 74/77 POTENTIAL
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via 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 exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer 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 Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £4,628 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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