2 bedroom ground floor flat for sale

For sale by *Modern Method of Auction*

This fantastically presented 2 bedroom split-level apartment situated at the rear of 278 Camberwell Road is the ideal First Time Buy or BTL purchase! The property is located close to Oval Underground and local amenities and green space. 

The property has been refurbished to a high standard with a fitted kitchen and bathroom on the ground floor as well as the spacious living & dining room. To the rear is a staircase which takes you to the bedrooms where you can also find access to the roof terrace.

The property benefits from skylights and large windows which provide ample natural light in each space. The property can also come furnished with the modern, stylish furniture it's currently dressed with, making it an ideal turn key solution for landlords or buyers who are currently renting.

Auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Fees & Charges Explained

Camberwell Road, Ground Floor Flat, London, SE5 0DL

This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.

Buyer Information Pack
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £349.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
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Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.