Being Sold by Online AuctionStarting Bids from £375,000Buy it now option availablePlease call or visit Purplebricks Online Auctions for more information.
Auction Ends 20/03/2020 at 14:00Purple Bricks Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: Speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. Purplebricks also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.
To book a viewing visit PurplebricksSpacious, two-bedroom flat with excellent views of surrounding London. The property consists of two double bedrooms with built-in wardrobes, living/ dining room, bathroom, kitchen, allocated secure parking and access to communal gardens.
Clifford Court is situated in an extremely desirable location just off Magdalen Road, in close proximity to the local bars, restaurants, transport links and amenities that both Wandsworth and Earlsfield have to offer. Overground services from Wandsworth Common station are within a short walk of the property whilst Wandsworth Town is 0.7 miles and Earlsfield station is 0.8 miles.
General InformationAuctioneer's CommentsThis property is offered for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 days in which to complete the transaction, from the date the Draft Contract is received by the buyer’s solicitor, with an exchange of contracts within the first 28 days.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneers authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £7,200 including VAT, plus an administration charge of £354 including VAT, a total of £7,554. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price Continued...
Tenant administration fees will be charged at a cost of £200 + vat for up to two people. Each additional person will be charged at £60 + vat. If a guarantor is required there will be an additional charge of £60 + vat
Average weekly rent of nearby 2 beds.
Gross yield if rented for the average rent.
Average asking price of nearby 2 beds.
This property is cheaper than average.
Property prices in this area have increased at this rate per year over the last 5 years.
If historic price growth continues, this property could be worth this much in 5 years.
024 7511 8874