£160,000
1 bed flat for saleHigh Street, Bromley BR1
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
A bright and well-maintained one bedroom apartment with a private south-west facing balcony, ideally located in the centre of Bromley North and within easy reach of excellent transport links into London.
Offering comfortable accommodation throughout, this attractive third floor apartment enjoys a quiet position while remaining just moments from a wide range of shops, restaurants, leisure facilities, and local amenities. With approximately 112 years remaining on the lease, the property represents an excellent purchase for first time buyers, professionals, or buy to let investors looking for a low-maintenance home in a sought-after and well-connected location.
Local Authority: Bromley
Council Tax Band: B
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Local Authority: Bromley
Council Tax Band: B
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Tenure
Leasehold (112 years)
Service charge
£715 per year
Council tax band
B
Ground rent
£200
Ground rent date of next review
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