01844 355023    

Flat 16 Wingfield House, Virginia Road, LONDON, E2 7LZ

  • Conditional Online Auction Sale
  • Bedrooms: 4

GOTO ONLINE AUCTIONS ARE PLEASED TO OFFER THIS FOUR BEDROOM MAISONETTE IN LONDON, E2.

Tenure

Leasehold

Description

Key features

Being Sold by GOTO Online Auction
Starting Bids from £550,000
Buy it now option available
A Remarkable 1100 Square Ft Apprx Of Accommodation
Four Bedroom Split-Level Maisonette
Large Private Balcony, Great Scope And Potential
Highly Sought After Shoreditch Location
Easy Access To Local Tube, Overground & Bus Links
Liverpool Street Station - Less Than 1 Mile, No Onward Chain
Columbia Road & Spitalfields On The Doorstep

Property description
Tenure: Leasehold, 1 years remaining

The Property
Visit PURPLEBRICKS.CO.UK 24/7 to make arrangements to view!!

The benefits of living in a house – for the price of a flat!

Boasting a hugely impressive 1100 sq ft (approx) of accommodation is this exceptional four double bedroom split level second & third floor maisonette.

This is an opportunity that will be sure to set the creative juices flowing for all of those who are looking to acquire a property rich in scope and potential! This really is a blank canvass and is ready and waiting for you to make the most of a rare chance to do it your way!

The property features access to a large private balcony – perfect for al-fresco dining, entertaining guests or for simply relaxing with a good book in hand on a suny afternoon!

This superbly appointed maisonette comes equipped with many of the features one would find in a house, such as two storey configuration, secured entrance, double sized bedrooms and ample storage capacity in the form of fitted wardrobes as well as various other built in cupboards and units.

This property also carries the advantage of being marketed with NO ONWARD CHAIN.

On street parking is available by application for a resident's permit to the London Borough of Hackney.

Location
Enviably situated in the highly coveted Shoreditch area, Wingfield House stands in the heart of one of London’s most exciting, vibrant and diverse districts – with Brick Lane, Spitalfields and Petticoat Lane just moments away on foot.

For the ease of transport both in and out of town, the property lies just approximately a 5 min walk away from both Shoreditch and Hoxton Overground Stations – Aldgate and Aldgate East Tube Stations and the major terminus of Liverpool Street Station also all lie within a comfortable walk of the property. The impending arrival of Crossrail to the area promises to make transport through Central London and to Heathrow Airport even speedier!

The apartment’s favourable location means that you will also have some of London's world famous cultural, culinary and social hotspots at your convenient disposal. That cosmopolitan lifestyle that you may have long aspired towards will become a reality with the eclectic range of bars, pubs, restaurants and boutique style shops that the area is so famed for being virtually on the doorstep.

Whether you're in the mood for the vibrant diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some the trendy hang-outs synonymous with the Bethnal Green, Hoxton and Old Street areas, there really is something for everyone, and access to all of this could hardly be easier!

Lease Information
Our client has advised us of the following:-

Lease Length Remaining - 88 years
Annual Service Charge -c£1600
Annual Ground Rent - £10

Disclaimer for virtual viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks

General Information:
Auctioneer's Comments

This property is offered for sale by 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 complete the transaction, from the date the Draft Contract is issued by the vendor’s 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 Auctioneers 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 Auction Department.

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 an administration charge of £354 including VAT, a total of £8,154. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website

The Buyer’s Premium and 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 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.

Key Features:
Being Sold by GOTO Online Auction
Buy-it-Now option available
Buyers fees apply

EPC Rating

current 55/66 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.

Loading the bidding panel...

Office Contact

Auction Concierge Specialist
01844 355023

Agreement Documents

Additional Documents

Related Documents

Share