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12 Artisan Quarter, Wellington Road, London, Greater London NW10 5GJ

Lot no: 6 Sold Prior to Auction
 

Guide Price £1,000,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Thursday 7th July 2022

11.30am
Key Features
  • Private Allocated Parking
  • 5 Bedrooms
  • 4 Bathrooms
  • Courtyard Garden
  • Council Tax Band: F
  • EPC Rating: C
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Sold Prior to Auction

Town house

Property Description:

The house has been refurbished and designed throughout to a high specification with grey toned wooden flooring and an amazing colour scheme.

The ground floor comprises an open plan kitchen and reception room that leads on to a south facing private patio area.

As you follow the stairs up to the first floor, there is a guest WC and 2 double bedrooms, both with ensuites and fitted wardrobes.

The master bedroom with its walk in wardrobe and en suite shower room, finished with a standalone bath tub can be found on the second floor along with a smaller bedroom/ study.

Following the stairs up to the top floor, the property unfolds to provide a generous fifth bedroom with its own ensuite.

Further benefits include private allocated parking.

Location:

Wellington Road is a quiet residential street within walking distance of Kensal Green station (0.3 miles) which services Bakerloo line and the London Overground, along with Kensal Rise station (0.4 miles) which also services the London Overground.

Notting Hill and the Portobello Road area are easily accessible and the vibrant cafes, bars and restaurants on Chamberlayne Road are in walking distance. Ladbroke Grove station is also within 1 miles of the property and services both the Circle line and Hammersmith and City line. (All times and distances are approximate).

Note:

The buyers fee is £3,000 including VAT

Leasehold

Length of lease: TBC
Current ground rent: TBC
Ground rent review period: TBC
Current service charge: TBC
Service charge review period: TBC

This information should be clarified in the legal pack and we’ll update the information above when we receive it.

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 Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

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

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.