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Flat 2, 545 Lordship Lane, London SE22 8LB

Lot no: 111 Sold After Auction
 

Guide Price £220,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 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 Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • Two Bedroom Flat
  • Excellent Condition
  • Large Communal Garden
  • Good Transport Links
  • EPC Rating: D
  • Council Tax Band: B
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Sold After Auction

Flat

Property Description:


A two bedroom flat with communal gardens located in a prime location.

The property boasts tall ceilings, a huge communal garden, set within a small period building with ample storage and good sized rooms.

Lordship Lane is nearby to Dulwich Village with access to Dulwich Park and Dulwich Woods. East Dulwich has an array of independent stores, restaurants, local fishmongers, butchers, bars and restaurants. The local neighbourhood delivers many options for Primary and Secondary schools.

The property is located conveniently for transport: North Dulwich station, East Dulwich station (both connect to London Bridge via Peckham Rye, Queens Road Peckham and South Bermondsey) and Forest Hill (Overground Line through to Canada Water for Canary Wharf, Whitechapel, Highbury and Islington).

All three stations have frequent and quick services to central and wider London. Bus links are also plentiful the 185, 176, 40 and P13 are all available.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Subject to tenancy.



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 Variable Fee (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

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

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s 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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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.