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For Sale By Auction | 12:00, 02 June 2017 | Lot 55

Flat 19 Tuscan House, 16 Knottisford Street, Bethnal Green, London, E2 0PR

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*Guide | £325,000+ (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 125 year lease from 28 July 1986 (thus approximately 94 years unexpired).

Call the team on 020 7625 9007 for more information

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Auction Date

Fri 02/06/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

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A Vacant Fourth Floor Two Bedroom Flat

The property comprises a fourth floor two bedroom flat situated within a purpose built block arranged over ground and twelve upper floors. The property requires a program of refurbishment.

Tenure

Leasehold. The property is held on a 125 year lease from 28 July 1986 (thus approximately 94 years unexpired).

By Order of the Mortgagees in Possession

Location

The property is situated in the East London area of Bethnal Green close to local shops and amenities. The open spaces of both Bethnal Green Gardens and Meath Gardens are within easy reach. Transport links are provided by Bethnal Green underground station (Central line).

Accommodation

Fourth Floor Reception Room Two Bedrooms Kitchen Bathroom with WC & wash basin

Viewing Details

Open House Viewings: Wednesday 17th May 10:30-11:00 Friday 19th May 10:30-11:00 Wednesday 24th May 10:30-11:00 Friday 26th May 10:30-11:00 Sunday 28th May 11:30 - 12:00 Wednesday 31st May 10:30-11:00

Addendum

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £500 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.