£250,000
2 bed flat for saleHemingford Road, Cheam, Sutton SM3
2 beds
1 bath
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
Andrews - North Cheam
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About this property
Ground Floor
Sold via modern method of auction
No chain
Reception room
Bathroom
2 bedrooms
Communal Gardens
Non allocated parking
Over 900 years on the lease with a share of freehold
EPC rating D
For sale via modern method of auction (fees apply). A ground floor flat in need of refurbishment in a sought after development between Cheam and North Cheam. Featuring a reception room with double glazed window, kitchen with storage units and free standing appliances, two double bedrooms and a bathroom. There are also communal gardens and resisdents parking at the front. The property comes with over 900 years on the lease with a share of freehold.
The Modern Method of Auction is a flexible, buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 4.5% including VAT, subject to a minimum of £6,600 including VAT which secures the transaction and takes the property off the market. The legal pack can be downloaded for free from the auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% more than the advertised start price. Both the starting price and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Iam-Sold Ltd on behalf of Andrews Property Group.
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More information
Tenure
Leasehold (934 years)
Service charge
£1,400 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review