Leasehold
We are favoured to offer for sale this beautifully presented One Bedroom ground floor flat, located in Plaistow.
The apartment boasts a very practical layout and includes a bright & airy lounge/kitchen, a well-proportioned double bedroom and a modern bathroom.
The front of the building and communal hallway has been newly upgraded to a high standard.
Benefitting from high ceiling and large windows allowing plenty of natural light to seep into the rooms.
Offered with no onward chain, this period flat would make an ideal first time purchase and will not be around for long.
Book a viewing online today to avoid missing out!!
*** PLEASE CLICK ON THE BROCHURE TO ARRANGE YOUR VIEWING ***
Location
Plashet Road is set close to an array of local shops & amenities. It's also moments from West Ham Park, the largest in Newham, with ornamental gardens, tennis courts, and football and cricket pitches.
Excellent transport links are within easy reach via Plaistow and Upton Park (District, Hammersmith & City) stations a short distance away making an easy commute into the City, West End, Canary Wharf & beyond.
Ample bus routes are also nearby, offering quick access to Stratford station (National Rail, Jubilee, Central, DLR), Westfield Shopping Centre and the Olympic Park.
Great road links with A13, A406 North Circular and the M11/M25 a short distance away.
Lease Information
We have been informed by the current owners of the following:
Lease Term Remaining: 82yrs
Service Charge: N/A
Building insurance: c. £270 pa
Ground Rent: £250 pa
Current 68/76 Potential
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 £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.
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.