25 Barringer Square, LONDON, SW17 8ED
- Conditional Online Auction Sale
- Bedrooms: 2
Purple Bricks on line auctions are delighted to offer this 2 bedroom duplex Maisonette
Tenure
Leasehold
Description
CASH BUYERS ONLY. A spacious and bright TWO DOUBLE BEDROOM duplex maisonette, with it's own front door, Southwest-facing sunny balcony overlooking gardens, with NO CHAIN and free residents' off-street parking in Barringer Square, a quiet, green development in an ideal location close to Tooting Bec tube station and Tooting Common.
Would make an excellent Buy to Let Investment.
Set on the second and third floor of this purpose-built block with lifts, the property has it's own front door, a welcoming hallway upon entry with fitted kitchen to the left and a spacious living room to the rear with service hatch to kitchen, space for dining, large windows and access to the balcony which, due to it's direction, enjoys the sun year round and overlooks the communal gardens.
Stairs lead up to the floor above where there are two double bedrooms, conveniently set away from each other and with bathroom with bath and basin and separate WC in between. Both bedrooms enjoy lots of natural light from large windows and both have built in storage space. The property has gas central heating that has been regularly serviced by British Gas.
The property is well appointed with good-sized rooms throughout, has a spacious feel and benefits from plentiful natural light. It would make a fantastic first purchase for a professional or couple, as a buy to let investment or as an excellent pied a terre being in such a convenient location for transport, shops and green spaces.
Barringer Square is a popular, post-war development with communal gardens, pedestrianised spaces and a community feel with many residents having lived there for a long time.
Tooting Bec Common with popular Lido, tennis and sports facilities is a couple of minutes' walk away. Tooting high street and Tooting Bec tube station are a short walk away. Balham and Streatham are also with walking distance and the CS7 bicycle route provides quick, safe access direct to the City.
Wandsworth Band C - Gas Safety + EICR
Property ownership information
Tenure: Leasehold
Council tax band: C
Annual ground rent: £10.00
Ground rent review period: No review period
Annual service charge: £1,431.00
Service charge review period: Every 1 year
Lease end date: 21/10/2116
EPC Rating
Current 80 / 80 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 £8,982 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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