Flat H 72 Marquess Road, LONDON, N1 2PX
- Conditional Online Auction Sale
- Bedrooms: 2
GOTO AUCTIONS ARE PLEASED TO OFFER FOR SALE BY AUCTION THIS SPACIOUS TOP FLOOR APARTMENT WITH GOOD LEASE AND OFFERING GREAT POTENTIAL IN ISLINGTON
Tenure
LEASEHOLD
Description
An extremely well proportioned two double bedroom flat, offered to the market with vacant possession and set on the top floor of an attractive four storey period-style mansion block in a superb Islington location. Whilst the property does require updating, it provides wonderfully light, spacious and character living space throughout, with enormous scope to customise and enhance to your own taste. Boasting delightful views over neighbouring St Paul's Open Space from both bedrooms, the property also benefits from double glazed sash style windows, ample built in storage and attractive 70' communal gardens to the rear.
Accommodation comprises entrance hall with built in storage leading into a spacious reception room with plenty of natural light from dual windows with views over the rear communal gardens. The kitchen comprises an older style range of kitchen units with work surfaces incorporating inset sink unit and further space for appliances. There are two good sized double bedrooms with built in wardrobes to the master, plus a family bathroom with white three piece suite.
The property is very conveniently located just off Essex Road and within a short walk of Canonbury station and numerous regular bus routes. Highbury & Islington station is also within a short distance providing further overground and underground connections into the City and West End. The area is well served by an array of local shops and amenities, as well as the attractive open spaces of St Paul's Open Space, just across the road.
Viewings are strongly recommended. To book a viewing instantly just visit our website or download our award-winning App.
Lease Information
The lease on the property is 125 years from 1st July 1982 - 87 years remaining. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.
Ground Rent is refunded on an annual basis. Service Charges were £800 for the last financial year.
EPC Rating
CURRENT 57/64 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 £7,782 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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