Flat 403 Wayfare House North, 9 Escapade Place, London, E14 0WJ
- Conditional Online Auction Sale
- Bedrooms: 1
- Bathrooms: 1
GOTO GROUP REPRESENTS THIS 1-BEDROOM FLAT IN LONDON, E14
Tenure
LEASEHOLD
Description
Set on the fourth floor, this bright and spacious one bedroom apartment sits right on the edge of Canary Wharf, with Blackwall DLR Station just moments away. A well connected spot for commuters, with quick access into Canary Wharf and across London.
Inside, the apartment offers a generous open plan kitchen and living space, designed for modern living. The layout creates a light and sociable area that works just as well for relaxing in the evening as it does for working from home during the day.
The living space extends into a winter garden, adding a flexible extra area that can be used as a reading nook, home workspace or simply a place to enjoy the natural light throughout the year.
Residents also benefit from a concierge service and access to a communal park area, offering a welcome bit of green space alongside the convenience of city living.
Step outside and you are close to everyday essentials, from supermarkets and coffee shops to riverside walks and restaurants around Canary Wharf. For larger shopping trips, both Canary Wharf Shopping Centre and Westfield Stratford City are just a short journey away.
Whether you are stepping onto the property ladder or looking for a well located investment, this apartment offers modern living in a highly connected part of London.
Lease information - 250 years (less 3 days) from and including 29 March 2018
Lease end date: 29/03/2268
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.
EPC Rating
Current 65 / Potential 80
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 £17,280 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.
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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