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27A Barmouth Road, London SW18 2DT

Lot no: 112 Withdrawn Post
 

Guide Price £475,000+ 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 25th May 2023

10.00am
Key Features
  • A two/three-bedroom ground floor, garden apartment
  • Popular borough of Wandsworth
  • Planning permission for the erection of a single storey rear/side extension
  • Previous holiday let income of £35,000 per annum
  • EPC Rating: C
  • Council Tax Band: TBC
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Withdrawn Post

Apartment

Property Description:

A two/three-bedroom ground floor, garden apartment in a popular borough of Wandsworth, offering further development potential.

A beautiful Victorian terrace property converted into two characterful apartments within a desirable, residential area of Wandsworth. SDL Auctions are proud to be offering the ground floor apartment which is well presented and offers spacious accommodation throughout. Currently arranged with two bedrooms, the property also benefits from a generous studio apartment set within the gardens, offering a third bedroom or potential summer house. Within the main apartment you will find a bright and airy reception room with a separate kitchen, family bathroom and two double bedrooms. As well as the secondary studio apartment the property offers spacious gardens laid with Indian stone, perfect for entertaining guests.

The property is sold with planning permission for a substantial wraparound extension with further opportunities in developing the basement which is currently used as storage (subject to any necessary consents). Planning permission for the erection of a single storey rear/side extension was granted by Wandsworth Borough Council in May 2022 under planning reference: 2021/4783.

The property is well suited to both owner occupiers and investors with the property previously used as a holiday let, generating an income in the region of £35,000 per annum.

Location

The property fronts Barmouth Road, a popular and well-established area of Wandsworth. All necessary amenities and services can be found nearby including shopping and leisure facilities, transport links and a number of café’s, bars and restaurants. Wandsworth Town and Earlsfield mainline stations are within close proximity and there are extensive bus links servicing the City and the West End nearby. The hugely popular and highly regarded Allfarthing and Swaffield Primary Schools are also within walking distance.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Share of Freehold. 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 (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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

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.