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Flat 110, Arizona Building, Deals Gateway, London SE13 7QQ

Lot no: 85 Sold at Auction for £315,000
 

Guide Price £295,000+ 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 April 2024

9.00am
Key Features
  • Prestigious 2 Bedroom Apartment with 2 Bathroom
  • Living/Dining Room open to fitted kitchen
  • 24/7 Concierge Service, video entry system, residents gym/swimming pool, and parking space
  • Income potential in the region of £25k per year
  • Fantastic transport links for underground, overground and bus routes
  • Excellent location for local amenities, shops, bars and restaurants
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Sold at Auction for £315,000

Apartment

Property Description:


A superb, high end, modern 2 bedroom, 2 bathroom apartment located in an extremely desirable and enviable residential location. This apartment has it all, a residents parking space, a 24/7 concierge, gym with pool, living / dining room open to the kitchen and a short walk to a wide range of local amenities, shops, bars and restaurants.

The desirable apartment is said to command a potential rental income in the region of £25k a year making it a superb investment with excellent yield.

This desirable apartment has a 24hr concierge and a residents Gym with Swimming pool. The development also has outdoor communal areas for residents to enjoy and is located within a short walk to Deptford Bridge Station providing easy access to Canary Wharf and The City.

Blackheath, Greenwich Park and Greenwich town centre are all within a 10-minute walk away and have access to local amenities including bars, cafes, restaurants and the mainline train station.

Accommodation:
Entrance Hall
Living / Dining Room - 18ft 7 x 9ft 8 Open to
Kitchen - 11ft 8 x 9ft 8
Bedroom One - 13ft 9 x 9ft plus en-suite
Bedroom Two - 10ft 9 x 8ft 5
Bathroom
Balcony
Additional Information:

Construction Material: System built. Services: TBC. Heating: Room heaters, electric. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT and Sky show as available in this area.

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. Vacant possession upon completion.

Ground Rent

£385

Unexpired Years

102



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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.