2 Bedroom Flat in Erith

62 Chandlers Drive,, Erith, DA8 1LN

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Key features

Two Double BedroomsCompetitively PricedGreat Investment Opportunity
Ended

Guide Price: *

£145,500

Fees apply

Buyer's fee:£3,600

Admin fee:£3,600

Legal fee:£1,500

All fees include VAT at 20%

Holding Deposit: *£1,400

*Only charged if you are the successful buyer and goes towards the purchase price

Auction Type:

Traditional

Highest bid:

£150,000

Bid history

1 bid

M

19/04/2023 08:35:37 - £150,000

Description
Location
Floorplans
EPC
Legal docs

Sold by Traditional Online Auction - ending 19th April at 12 PM. 

This two double-bedroom apartment is an ideal investment opportunity, located in a highly sought-after area. This property offers comfortable and convenient living with a three-piece bathroom and a bright and spacious living room.

The property is being sold with vacant possession, although it previously achieved a monthly rental income of £950 a month, making it an attractive investment for any landlord or property investor.

The property is leasehold, with a yearly service charge of £1,825 and ground rent of £85 per year.

Location:
The property is situated in a desirable location, close to a range of local amenities, including shops, restaurants, and transport links. The area is known for its vibrant and diverse community, making it a popular choice for both professionals and families.

Auction Details:

This property is being sold by auction, with a guide price of 145,500.

Don't miss out on this fantastic investment opportunity - book your viewing today!

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.

Summary

Auction end
19th Apr at 11:00
Property type
Residential
Tenure
Leasehold
Bedrooms
2
Bathrooms
1
Council tax band
C

Summary

Auction end
19th Apr at 11:00
Property type
Residential
Tenure
Leasehold
Bedrooms
2
Bathrooms
1
Council tax band
C

This property is being sold by:

Smooth Sale

Smooth Sale

0800 3686850

75a MARGARET HOUSE, Devonshire Avenue, Roundhay, Leeds LS8 1AU

†Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Smooth Sale Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Smooth Sale Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.