2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Two bedroom eighth floor apartment overlooking Kingston upon Thames
- Leasehold 999 years from 25 March 1967
- Garage in block, lease 99 years from 25 March 1967
- Tenanted £1,600.00 PCM (7.1% £19,200.00 pa)
- Permanent on site caretaker, two lifts, communal gardens and lobby
- Kingston upon Thames, Greater London, 0.4 miles to Kingston Hospital, 2.1 miles to Richmond Park, 2.1 miles to New Malden Rail Station
- An extent of 796 sqft with a balcony
- To be sold by Auction on Friday 29 November 2024 via a two hour online bidding window
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A tenanted two-bedroom apartment in Kingston upon Thames, London, with a balcony, a garage in a block and an on-site caretaker with a gross annual yield of 7.1% (£19,200 pa). The building has two lifts and an attractive lobby area. Ideal for investors. To be sold via online bidding on Friday, 29 November 2024.
Auctioneer's comments: 'A unique apartment in a great London location which is ideal for investors.'
Auction date
The property is to be sold by public auction on Friday, 29 November 2024 via a 2-hour online bidding window.
To view
The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.
Description
Two bedrooms, balcony, eighth floor, 796 sqft, garage in block
Location
Kingston upon Thames, Greater London, 0.4 miles to Kingston Hospital, 2.1 miles to Richmond Park, 2.1 miles to New Malden Rail Station
Accommodation
Eighth floor: two bedrooms, living room, kitchen, WC, shower room
Outside
Garage in a block, communal grounds, communal access lobby, two lifts
EPC rating
E
Tenure
Leasehold
Apartment TGL74770 999 years from 25 March 1967
Garage SGL58844 99 years from 25 March 1967
Local authority and council tax band
Royal Borough of Kingston upon Thames
Council tax band: D
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 1.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
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Broadband availability and predicted speed: obtained from Ofcom on February 14, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 14, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on September 28, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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