LEASEHOLD
A fantastic opportunity to purchase a well presented two-bedroom apartment situated in a highly desirable development in Woolwich, London. This property is being sold as Chain Free making it an ideal purchase for first time buyers, professionals or landlords.
This stunning property comes with the added benefit of allocated parking and offers a thoughtfully designed layout throughout. The accommodation features an inviting entrance hallway leading into a bright and spacious open-plan living area, complete with a private balcony overlooking the River Thames, perfect for relaxing or entertaining.
The modern fitted kitchen flows seamlessly into the living space, while two generously sized bedrooms provide comfort and practicality, including a master with ensuite. An additional well-appointed bathroom completes the accommodation.
The property also boasts a range of recent upgrades for peace of mind and efficiency: brand-new double-glazed windows with a 25-year warranty, a newly installed energy-efficient water heater, fresh interior decoration, and new fire-rated doors fitted earlier this year.
It is a well-connected development which is ideally located for commuters with multiple bus routes to North Greenwich tube station, Woolwich Elizabeth line station (8 mins to Canary Wharf, 15 mins to Liverpool Street or 56 mins to Heathrow), Woolwich Arsenal National Rail and DLR stations (5 minutes to London City Airport), Woolwich Thames Clipper Pier for ferry transportation to the city or alternatively you can take a 30 minute walk to Woolwich Dockyard station (19 minutes to London Bridge or 25 mins to Cannon Street).
This apartment is within close proximity to a range of amenities, O2 arena, bars, restaurants, cinemas, parks, Greenwich etc.
This leafy suburb provides many green spaces to choose from including Woolwich and Blackheath Common, Oxleas Wood, Hornfair, Charlton and Greenwich Park.
Property ownership information
Ground rent review period: No review period
Service charge review period: No review period
Leasehold Information: 150 years from 1 January 2004
Lease end date: 31/12/2153
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 72|Potential 75
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 £9,072 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.