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Flat 18 Printworks Apartments, 116 Coldharbour Lane, LONDON, SE5 9PZ

  • Conditional Online Auction Sale

THE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS ONE BEDROOM APARTMENT IN SE5

Tenure

leasehold

Description

Located in the prestigious Printworks Apartment is this stunning one bedroom flat. Complete with its own balcony the apartment offers plenty of open plan living space and access to a large communal garden space.

The open planning living and kitchen area is well lit and spacious, with doors that open out to your own private balcony. The living room has plenty of room for a desk/work from home area if required.

There is a separate bedroom and bathroom as well as plenty of storage. The bedroom comes complete with large windows which help to allow plenty of natural light into the room.

The property was only built in 2011 and is fully double glazed. On-street parking is available.

A 30% share of this property is also available.

Location
Situated perfectly between Camberwell and Peckham, the Printwork Apartments are ideally located for anyone that likes to dine out or socialise with friends. It’s also extremely close to Brixton which has its own choice of entertainment. Transport links are fantastic with plenty of buses just outside the door. It’s just a short walk away from Kings College Hospital, Denmark Hill, Brixton Underground station and Loughborough Junction, so travel into the city is never a problem. Whether you want to visit one of the nearby pubs, take a walk around the lake at Ruskin Park or take a trip to nearby Dulwich Village you’re well catered for at the Printworks Apartments.

Lease Information
Ground Rent: £16.66 Monthly
Service Charge: £135.15 Monthly
Lease Length; 90 years

EPC Rating

CURRENT 82/82 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 may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. 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.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £7,800 including VAT, plus a buyer's administration charge of £354 including VAT, a total of £8,154. This secures the transaction and takes the property off the market. 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 and buyer's administration charge are in addition to the final negotiated selling price.

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 £354.00 (including VAT) 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.

Minimum Opening Bid

£350,000

Set Bid Amount Below

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Office Contact

Auction Concierge Specialist
01844 355023

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