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Property Listing Details

Property details

  • 2 bedrooms
  • 2 bathrooms
  • 1 reception room

Features

  • Leasehold
  • Chain Free
  • Modern Development
  • Private Balcony
  • Open Plan Reception / Kitchen
  • Two Double Bedrooms
  • Two Bathrooms (One En-Suite)
  • Being Sold By Online Auction
  • Buy-It-Now Option Available
  • Auction Closing: 11/03/2020 At 12:00:00
  • Online Auctions Are Suitable For Mortgage Buyers

Listing view statistics

Last 30 days: 1006 page views

Since listed: 1006 page views

Description

Being Sold by Online Auction

Starting Bids from £220,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

Auction Ends 11/03/2020 at 12:00:00

Purple 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 Purplebricks

available to buy chain free & A central ilford location!

Bright and spacious two double bedroom apartment with allocated parking space.

The apartment comprises two double bedrooms, two bathrooms (one en-suite), large open plan reception / kitchen and private balcony.

Vector Point is a highly sought after development ideally situated just off the High Road in Ilford, within easy walking distance of Ilford station - a wonderful feature with Crossrail coming in soon.

Fantastic opportunity for a first time buyer or investor.

To book your viewing instantly online 24/7 please visit the Purple Bricks website.

Lease Information

Lease has approx. 111years remainng.
Ground rent £200pa
Service charge is approx. £2900pa

General Information

Auctioneer's Comments
This property is 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 working days in which to complete the transaction, from the date the Draft Contract are issued by the sellers solicitor, with an exchange of contracts within the first 28 working days. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort. The Buyers 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 sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free 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 Buyers Premium of £7,800 including VAT plus an administration charge of £354 including VAT, a total of £8,154. This secures the transaction and takes the property off the market.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

You could get

Superfast broadband Superfast broadband

Up to 40 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Ilford 0.3 miles
  • Seven Kings 0.9 miles
  • The Ursuline Academy Ilford 0.3 miles
  • Christchurch Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Ilford 0.3 miles
  • Seven Kings 0.9 miles
  • The Ursuline Academy Ilford 0.3 miles
  • Christchurch Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in IG1:

  • £263,623
  • Price decrease

  • -£2,448
  • (-0.920%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £234,752
  • Properties sold

    75

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in IG1 is currently:

£1,387 pcm

Recent sales nearby

See all recent sales in IG1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
13th Feb 2020 £220,000 Price reduced by £30,000
12th Feb 2020 £250,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Purplebricks, Head Office. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information.