LEASEHOLD
Key features
Three Bedroom MaisonetteFitted Kitchen with Central IslandModern Living RoomGround Floor CloakroomConservatoryPrivate Rear GardenFour Piece Bathroom SuiteGated Off Street ParkingExcellent Road and Transport Links
Description
Yopa are proud to offer for sale this very well presented three bedroom maisonette, located on this quiet family friendly street in Bow.
The property is accessed via a private gated front garden with driveway, providing off street parking.
On entry you are welcomed into a spacious, modern fitted kitchen with central island and incorporated appliances,, there is a bright airy living room with bi-fold doors leading out to the conservatory and dining area which looks out onto a delightful south-facing private rear garden. There is also a ground floor cloakroom.
On the first floor are three well-proportioned bedrooms all with fitted wardrobes and a stylish modern four piece bathroom suite with separate bath and shower.
This Property MUST be viewed to be fully appreciated as the current owners have remodelled the property to the highest standard throughout.
Presented in superb order throughout having been tastefully updated and maintained by the current owners, this property MUST be viewed to be fully appreciated!!
An internal viewing is highly recommended. Please book a viewing online today to avoid missing out!
Knapp Road is set within close proximity to ample local amenities and just a short journey by public transport to Stratford Westfield Shopping Centre and Canary Wharf & the many green spaces including Tower Hamlets Park, The Olympic Park & Victoria Park.
Excellent transport links are provided with Bow Church (DLR), Bow Rd and Mile End (District, Hammersmith & City & Central line) all very close by, allowing for quick access to The City, The West End and Canary Wharf.
The green open spaces of Tower Hamlets Cemetery Park Nature Reserve is on the doorstep and the wonderful Victoria Park, Regents Canal, Mile End Park and Roman Road market are all easily accessible.
Also close by are the shopping and dining options of Westfield Stratford City and the outdoor space of the Queen Elizabeth Olympic Park.
LEASE INFORMATION
Lease term: 125 years from 5 September 1988
We have been informed by the current owners of the following:
Service Charge: £1,440 pa
Ground Rent; c. £100 pa
EPC Rating: C
Council Tax: C
(Figures are direct from the vendor & should be confirmed via solicitors)
current 72 / 77 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.
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 £6,600 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,972. 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.
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.
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.