Sold subject to contract

Offers over

£120,000

1 bed flat for sale
Wakering Road, Barking IG11

    • 1 bed

    • 1 bath

    • 1 reception

    • ~462 sq. ft

  • EPC Rating: C

  • Auction
  • Leasehold

Bairstow Eves - Barking Sales

Logo of Bairstow Eves - Barking Sales

About this property

  • Chain Free

  • Investor Opportunity

  • Town Centre Location

  • Attractive Apartment

  • Remedial Works Completed

  • Tri Fire EWS1 awaiting replacement

For Sale via Open Bidding – Cash Buyers Only

This property is available exclusively to cash purchasers due to the building’s pending replacement EWS1 form. Although remedial works have been completed, the previous EWS1 was signed off by Tri Fire Ltd and therefore needs to be reissued. For buyers with foresight, this represents a strong investment opportunity, as updated EWS1 forms are currently being rolled out in phases across a large number of L&Q managed buildings.

Situated on the top (9th) floor, this well-maintained one-bedroom flat is ideally located close to Barking Town Centre and Barking Railway Station. The accommodation includes a spacious double bedroom, a bright living room, a modern fitted kitchen and a contemporary three-piece bathroom suite.

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 4.5% 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.

Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

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More information

  • Tenure

    Leasehold (106 years)

  • Service charge

    £2,409 per year

  • Council tax band

    C

  • Ground rent

    £150

  • Ground rent date of next review

    1st Jan 2027

  • Ground rent review period

    Every 20 years

See all recent sales in IG11

Property descriptions and related information displayed on this page are marketing materials provided by - Bairstow Eves - Barking Sales. 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 Bairstow Eves - Barking Sales for full details and further information.