1 bed flat for sale

Rye Lane, London SE15

Summary

Being sold via Secure Sale online bidding. Terms and Conditions apply. Starting Bid 315,000
Images enhanced with furnishings added using computer-generated imagery


This property will be legally prepared, enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Situated in the heart of Peckham, this impressive 1st-floor 1-bedroom modern flat offers a contemporary urban lifestyle within a leafy setting. Incorporating a generous 631 square feet (59 square metres) of internal space, this property features an open-plan living area merging seamlessly with the kitchen and dining space, leading out to a private balcony capturing the warmth of the south-west sun. The green expanse of Peckham Rye Park & Common is a mere 4-minute stroll (0.2 miles) away. Additional highlights include an electric fob entry system, lift access, video intercom, utility area with washing machine and the convenience of excellent public transport links including numerous buses. The property also offers a long leasehold with approximately 116 years remaining and no onward chain, making it an appealing proposition for any discerning buyer seeking a turnkey solution.

Step outdoors to enjoy the private balcony accessible from both the living area and bedroom, adding an alfresco element to every-day living. Furthermore, the property benefits from a spacious communal roof terrace, perfect for relaxing evenings or entertaining guests as well as an allocated garage space, with an electric security gate ensuring peace of mind for your vehicle.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 116
Annual Service Charge Amount: 2,541.00

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 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 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.