Guide price
£240,000
1 bed flat for saleMonteagle Way, London E5
1 bed
1 reception
EPC Rating: C
- Auction
Pattinson - Auctions
.png)
About this property
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Generous one-bedroom ground floor flat
Open-plan kitchen/living space with modern finish
Double bedroom with ample space for storage
Contemporary bathroom with quality fittings
Secure modern block
Excellent transport links nearby - ideal for commuters
Leasehold - 80 Year lease
Summary
Next Home Ltd are delighted to offer this fantastic opportunity to purchase this modern one-bedroom 3rd floor apartment located in E5. Well-presented throughout, the property offers bright and well-laid-out living space, making it an ideal first-time buy, downsize, or investment.
The apartment features a spacious open-plan living and kitchen area, a good-sized double bedroom, and a contemporary bathroom. The property benefits from high energy efficiency (EPC Rating: B), with double glazing, gas central heating, and low-energy lighting throughout, helping to keep running costs low.
Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 80
Annual Ground Rent Amount: 200.00
Annual Service Charge Amount: 1,332.00
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Zoopla insights
Sign in and gain expert analysis to make informed decisions