LEASEHOLD
The Property
An impressive four bedroom, split level conversion maisonette property. Set over four levels featuring two additional loft room, its own private entrance and large private garden.
Set within a stunning, bay-fronted, semi-detached period building on a sought after residential road. Ideally located in a fantastic Sydenham location within easy reach of transport links and amenities.
The property boasts light and airy accommodation with amazing room dimensions, two bonus loft rooms with versatile usage. Privately owned large rear garden additionally featuring a large storage unit to the rear of the garden. Off road parking for two cars.
Flowing living space with flexible layout, provide the ideal base for a modern lifestyle, with excellent additional scope to customise to suit own taste as desired. Features include lots period character and large bay fronted windows. Two additional loft rooms, two bath/shower rooms, downstairs cloakroom, gas central.
The property is very conveniently located within easy access of Sydenham, Lower Sydenham and Penge East stations, as well as numerous regular bus routes, all providing excellent connections into Central London and to the surrounding area. There are a variety of shops, cafes, bars and restaurants within a short distance, with Sydenham and Penge each boasting bustling high streets with a range of amenities. Mayow Park, Cator Park and beautiful Crystal Palace Park is also just a short distance away, with lake, childrens zoo and iconic dinosaur trail, and the area is well served by excellent local schools.
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Property ownership information
Ground rent review period: No review period
Service charge review period: Every 1 year
Lease end date: 09/01/2125
Leasehold Information: From 17 January 2000 to 9 January 2125
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
CURRENT 60/78 POTENTIAL
17/01/2000
125 years (99 years unexpired)
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.
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 £23,400 including VAT and a legal pack charge of £396 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.
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.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.