Flat 7 Craigside, 32 Old Lodge Lane, Purley, Surrey, CR8 4DF
- Conditional Online Auction Sale
- Bedrooms: 2
GOTO Online Auctions are pleased to offer for sale this two bedroom flat in Purley.
Tenure
LEASEHOLD
Description
Well presented two double bedroom first floor flat with private garage and access to beautiful communal gardens, ideally situated close to Reedham station, Purley town centre, shops and amenities.
The property has been well maintained by the current owner, offering bright and spacious accommodation including a large reception room, separate well equipped kitchen, master bedroom with bonus dressing area. family bathroom and separate WC. Further features include ample inbuilt storage, electric heating and double glazing.
Accommodation comprises entrance lobby with inbuilt storage cupboard, leading into the generous reception room with attractive views over the communal gardens, and doorway through to the separate kitchen. The kitchen itself comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit and further space for appliances. An inner hallway leads through to two well sized double bedrooms, with dressing area to the master, plus a family bathroom with white suite and separate WC.
The property is conveniently located within a short distance of Reedham station providing good connections into Central London, and close to regular bus routes offering links to the surrounding area. Purley town centre is within easy reach with its array of shopping facilities, bars, cafes and restaurants. The area is also well served by beautiful open spaces and woodland, ideal for recreation, as well as excellent local schools including St Nicholas and Beaumont Primary. Purley features an excellent mainline station with fast and frequent services to Central London. The M25 and M23 are also situated locally offering excellent links to Gatwick and Heathrow.
Viewings are highly recommended.
Lease Term: 1000 Years From 29 September 1972 - 949 years remaining.
Ground Rent: £250 per annum.
Service Charge - £1,000 per annum.
All prospective purchasers are advised to make their own enquiries.
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.
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 £6,582 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,954. 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.
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 £372 (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.
Loading the bidding panel...
Office Contact
Agreement Documents
Additional Documents
Online Auction Buying GuideRelated Documents
Share
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.