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1 bed Flat For Sale £200,000
Elgin Road, Ilford IG3
previous price £185,000


Description
One bedroom ground floor flat with Garden. The property is ideal for a buy to let investor or First Time buyer. The property currently has a 68 year lease. It can be sold with a new lease. The property. The flat is located a short walk from Seven Kings tfl Rail Station, allowing convenient access into London and beyond. Outstanding schools, local parks, shops and supermarkets are all located nearby.

Lease -68 years (can be extended)
Service Charge - £83.33pcm
Ground Rent - £99 per annum

This property is only available for purchasers who are not in a chain

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 1% (minimum of £2,500), which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.

**where a property is being sold with a short lease, the property can be purchased with either a short lease or with an extended lease, subject to buyer/seller preferences and the offer price made. The starting bid will be set no more than 10% below the cash price required to purchase with a short lease. Both the Cash price and reserve price can be subject to change. Mortgage buyers who require a purchase with an extended lease must make a higher bid as this must also include the additional premium required to pay for the lease to be extended before completion. The cost of the lease premium can vary depending on the length the lease that is to be extended and on negotiation with the purchaser and freeholder and whether the lease is to be extended by mutual agreement with the Freeholder or via the Statutory Route. Therefore, buyers must contact a member of the sales team to discuss this is greater detail

Follow the link for more information:
        
zoopla.co.uk

  
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