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1, Catherine Wheel Yard, London, SW1A 1DR

Lot no: 7 Sold Prior to Auction
 

Guide Price £1,300,000+ 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.

Wednesday 26th May 2021

11.30am
Key Features
  • Two bedroom maisonette in St James's SW1
  • Light and spacious accommodation
  • Terrace
  • Private entrance
  • EPC Rating: D
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Sold Prior to Auction

Maisonette

Property Description:

Quietly located in the heart of St. James's, a well presented two bedroom maisonette with its own private street entrance. The property is located on the West Side of Little St. James's Street, a short distance to the open spaces of Green Park and St. James's Park.

Situated over two floors, this property of 1,229 sq ft features a bright and well presented reception room with two large North West facing windows which offer an abundance of natural light, plus a separate dining room which can be accessed via both the kitchen and reception room.

The property further benefits from a sleek fully fitted kitchen with integrated appliances, two en suite bedrooms both with ample wardrobe space and a sun room which leads onto a private terrace. The property also benefits from a very large, easily accessible roof space of circa 500 sq ft which is fully boarded and lit for useful storage.

It must be noted that the a lease extension is easily available at the point of purchase. Please see legal pack for more details.

Accommodation:

Ground Floor: Entrance
First Floor: Hallway, kitchen, dining room, reception room, terrace
Second Floor: Landing, master bedroom with en-suite bathroom, further bedroom, shower room.

Location:

For centuries, St James’s has formed the sophisticated centre of city living in London. With its iconic landmarks and beautiful architecture, the area is renowned for its excellent selection of galleries, restaurants and shops.

Situated at the center of London's oldest district, the property is well located to take advantage of nearby Green Park tube station (0.3 miles). All distances are approximate.

Note:

Please note the buyers fee for this lot is £3,000 inc VAT

Lease:

24 years unexpired

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Leasehold.


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.

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