59 Barleycorn Way, London, E14 8DE
- Conditional Online Auction Sale
- Bedrooms: 3
PURPLEBRICKS OFFER FOR SALE THIS THREE BEDROOM APARTMENT PROPERTY IN LONDON
Tenure
LEASEHOLD
Description
The Property
Visit PURPLEBRICKS.CO.UK anytime 24/7 to make arrangements to view!
Purplebricks take pleasure in presenting to the market this outstanding three double bedroom top floor apartment.
Boasting a hugely impressive 900 sq ft (approx) of accommodation, this represents a rare opportunity that will be sure to set the creative juices flowing for those who are looking to acquire a property rich in scope and potential! This really is a blank canvass and is ready and waiting for you to make the most of the perfect chance to do it your way!
Further benefits include a spacious lounge/diner (the ideal social area for those who like to regularly entertain guests), secured entry via intercom function, separate large kitchen, gas heating and generous built-in storage capacity.
Location
Tucked away in a residential community just off Narrow Street and Three Colts Street, Limehouse, the property could hardly be in a more of a prime location!
The Narrow Street area is a highly coveted due to its fantastic array of contemporary restaurants, charming pubs and cosy coffee houses – some of which include the historic ‘The Grapes’ pub together with Gordon Ramsey’s ‘The Narrow’ restaurant, which with its glass-walled dining room and stunning vistas up and downstream of the mighty river Thames, you can take advantage of a fine dining experience located virtually on the doorstep!
Narrow Street runs right alongside the River Thames, which is positioned just a few moments down the street from the entrance to the development. The Limehouse Basin Marina is also only a virtual stone’s throw away.
Additionally, you’ll enjoy having very speedy access in to the heart of the Canary Wharf business district – either on foot (20 mins approx’) or by DLR (2 mins from Westferry DLR and just 4 mins from Limehouse DLR). Westferry DLR station is situated just 0.2 miles from the building entrance and Limehouse DLR just 0.4 miles – they also provide easy access to Bank, Stratford International, City Airport and the Royal Greenwich peninsula! There are also great local bus links that will take you directly in to the likes of Old Street, Angel, Bethnal Green and Stratford.
Canary Wharf is not just a globally renowned financial hub but is also highly coveted for its fantastic array of contemporary dockside restaurants and pubs along with a great selection of museums, cinemas, hotels and other social activities!
Property ownership information
Doubling ground rent
Ground rent review period: No review period
Service charge review period: Every 1 year
Lease information:
125 years from 06/03/1989
Lease end date 06/03/2114
EPC Rating
Current 69 /79 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 £8,982 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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