1 bed flat for sale

Brinkburn Close, London SE2

Summary

This bright and light one-bedroom flat sits on the top floor of a well-maintained secure building with a lift. It is offered chain-free, making it
an ideal choice for first-time buyers or investors looking for a hassle-free purchase. The flat benefits from good natural light, with a south facing lounge and bedroom with pleasant views towards Bostall Woods. There is a balcony off the lounge to enjoy the views. With
generous-sized rooms and several storage cupboards throughout, this is a good-sized one bed. It further benefits from a secure bike shed
directly outside the building for those who need to store bikes. Beautifully refurbished in 2023, the flat is ready to move into with no work
needed. A new combi boiler was installed at the end of 2022 and the flat benefits from full gas central heating throughout.

Situated in leafy Abbey Wood, which is connected to the underground network via the Elizabeth line. The West End is only 23 minutes away
via Tube and Canary Wharf just 15 minutes. There is a bus stop outside the block with connections to Woolwich and other neighbouring
areas. Peaceful Bostall Woods are a five-minute walk away with numerous beautiful walking trails to enjoy.

Investors can benefit from a great rental yield of approximately 8%, with the property last achieving a monthly rental income of 1,400
pcm. Alternatively, owner occupiers can enjoy a lovely bright and well-maintained first home.

With a reasonable service charge and low council tax band, this property really is the full package. Needs to be viewed to be fully
appreciated.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 103
Annual Ground Rent Amount: 10.00
Annual Service Charge Amount: 1,371.00

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 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.