fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Flat C, 2 Lauriston Road, Wimbledon, London, SW19 4TQ

Lot no: 26 Sold at Auction for £450,000
 

Guide Price £375,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 1st November 2018

11.30am
Key Features
  • Large two double bedroomed apartment in attractive period building
  • Very sought after street, close to centre of Wimbledon, London Underground (District line)
  • Gas central heating and requiring cosmetic improvement
  • New 125 year lease
  • EPC Rating: D
Add to favourites
Sold at Auction for £450,000

Apartment

Property Description:

Occupying a very sought after location is a large two double bedroomed first floor apartment set in an attractive period property. Close to the centre of Wimbledon and the London Underground District Line. Internally the well proportioned apartment has gas central heating however requires cosmetic improvement and in brief comprises two well proportioned bedrooms, sitting room, fitted kitchen, three piece bathroom suite with a separate WC.

The property is situated on the east side of Lauriston Road at its junction with The Ridgeway. The Ridgeway leads to Wimbledon Road (A219) to the east. The A3 is to the west. The extensive shops and other facilities of Wimbledon town centre are located to the east. London Underground (District Line) and rail services run from Wimbledon Station approximately 0.9 miles to the south-east. The open spaces of Wimbledon Common are nearby. The property is located in the Wimbledon West Conservation Area. Excellent investment opportunity.

Tenure

Leasehold. New lease term of 125 years from 1st January at initial ground rent of £250 per annum. Vacant possession on completion.

Tenure:

Leasehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.