Just added

Guide price

£400,000

3 bed terraced house for sale
Byron Avenue, New Malden KT3

    • 3 beds

    • 1 bath

    • 2 receptions

  • EPC Rating: E

  • Auction
  • Freehold

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About this property

  • For sale by online auction

  • 6 weeks’ completion

  • Development opportunity STPP

  • Terraced house

  • Complete modernisation required

  • Within close proximity to local amenities

This three-bedroom mid-terraced house offers excellent potential for improvement and enhancement, making it an appealing proposition for investors, developers, first-time buyers and owner-occupiers alike.

The property currently comprises two separate reception rooms, a kitchen, three bedrooms and a bathroom, together with an enclosed rear garden. The property requires significant refurbishment throughout, providing an opportunity for the successful purchaser to modernise and remodel the accommodation to suit their requirements and potentially add value.

The location is particularly attractive for commuters, with Motspur Park Station situated at the end of the road, providing excellent rail services into London Waterloo and benefiting from being within Zone 4. A range of local shops and amenities can be found around Motspur Park, with a Tesco superstore nearby, while the popular town centres of New Malden and Raynes Park are also easily accessible.

Families are well catered for, with a number of schools serving children of all ages in the surrounding area, including Burlington Infant and Junior Schools. There are also numerous sporting facilities, recreation grounds and areas of open space nearby.

With its excellent transport links, convenient local amenities and substantial scope for refurbishment and improvement, this property represents an exciting opportunity to acquire a home with considerable potential in a popular South West London location.

Auction

To be sold by online auction (unconditional) on Wednesday 30th September with a 6 week completion, bidding will open at 10.00.

To View

Viewings will be conducted prior to the auction, please visit our website to book an appointment at

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Freehold with vacant possession.

EPC Rating

E

Council Tax Band

D - London Borough of Merton

Legal Pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide Prices

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional Fees

A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit

If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-Auction Offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage Finance

We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

Please Note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of His Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no:

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  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

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Property descriptions and related information displayed on this page are marketing materials provided by - First for Auctions. 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 First for Auctions for full details and further information.