2 bed Flat For Sale £192,000
2 Bedroom Fifth Floor Flat, 21 Fordyce House, Colson Way, London, SW16 1SF
Overview
Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 2-bedroom fifth floor flat located just a short walk from Tooting Commons. This auction is open to mortgage buyers also.
This spacious and airy accommodation, briefly comprises: There is an entrance hallway leading to a living room with balcony, kitchen, 2 double sized bedrooms, bathroom and separate W.C.
Outside there are communal gardens and parking is granted for permit holders.
The property is in need of some modernisation throughout and would suit those looking for a renovation project.
The property has a lease with 84 years remaining. Whilst we do not believe it would be an issue, if you are planning on obtaining a mortgage on the property it may be worthwhile checking with your lender prior to bidding that they are happy to lend of a property with 84 years remaining on the lease.
Please see the other information section for tenure and for further information with regards maintenance fess etc.
To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.
Location
The property is very well positioned within walking distance to the amenities on offer in Streatham and Tooting Bec and is just a short stroll to Tooting Commons. Fordyce House is also well placed for commuters, with Streatham train station and Tooting Bec tube station both located less than a mile away.
Other Information
Tenure – Leasehold (84 years remaining) 125 years from 6th September 1982 – Land registry documentation is available for download from the Hammer Price Homes website.
Ground Rent – Peppercorn
Maintenance Fees – The maintenance fees for the year 2021/2021 was £1,476.80. The estimate for the maintenance charges for 2022/2023 is £1,332.00.
Lease – a copy of the lease is available for download from the Hammer Price Homes website.
Lease extension – The vendors are happy to serve the section 42 notice on the freeholders and pass the rights over to the buyer if the buyer wishes. Any associated costs for the vendors serving the notice will be payable by the buyer.
Auction Details
** Open for mortgage buyers also. 90 days to complete**
Please note that there is a Reservation fee of 3% (Inc. VAT) subject to a minimum of £3,000 (Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.
Auction ends – Wednesday 25th January 2023 at 1 pm (Subject to anti-sniping)
Bidding Window Opens – Monday 23rd January 2023 at 10am (Bidding will not be possible until this time)
Starting price - £192,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers are asked to keep to their appointment time.
Property Details
Approx. Gross internal floor area – 703SQ ft 65.31 sqm
Fifth Floor
Comprises of entrance hallway leading to these rooms:
Living Room - 14'9 x 12'0 (4.50m x 3.65m)
Balcony - 10'11 x 4'2 (3.34m x 1.28m)
Kitchen – 11'6 x 7'9 (3.50m x 2.35m)
Bedroom 1 - 14'3 x 8'6 (4.35m x 2.60m)
Bedroom 2 – 14'2 x 8'5 (4.33m x 2.56m)
Bathroom – 5'9 x 5'4 (1.75m x 1.62m)
W.C. – 4'5 x 2'6 (1.35m x 0.75m)
Parking
Permit parking
How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.
This is a probate property and the administrator / solicitor dealing with the estate has never lived there and so may not be able to answer the usual pre contract questions. The property is sold as seen.
Overview
Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 2-bedroom fifth floor flat located just a short walk from Tooting Commons. This auction is open to mortgage buyers also.
This spacious and airy accommodation, briefly comprises: There is an entrance hallway leading to a living room with balcony, kitchen, 2 double sized bedrooms, bathroom and separate W.C.
Outside there are communal gardens and parking is granted for permit holders.
The property is in need of some modernisation throughout and would suit those looking for a renovation project.
The property has a lease with 84 years remaining. Whilst we do not believe it would be an issue, if you are planning on obtaining a mortgage on the property it may be worthwhile checking with your lender prior to bidding that they are happy to lend of a property with 84 years remaining on the lease.
Please see the other information section for tenure and for further information with regards maintenance fess etc.
To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.
Location
The property is very well positioned within walking distance to the amenities on offer in Streatham and Tooting Bec and is just a short stroll to Tooting Commons. Fordyce House is also well placed for commuters, with Streatham train station and Tooting Bec tube station both located less than a mile away.
Other Information
Tenure – Leasehold (84 years remaining) 125 years from 6th September 1982 – Land registry documentation is available for download from the Hammer Price Homes website.
Ground Rent – Peppercorn
Maintenance Fees – The maintenance fees for the year 2021/2021 was £1,476.80. The estimate for the maintenance charges for 2022/2023 is £1,332.00.
Lease – a copy of the lease is available for download from the Hammer Price Homes website.
Lease extension – The vendors are happy to serve the section 42 notice on the freeholders and pass the rights over to the buyer if the buyer wishes. Any associated costs for the vendors serving the notice will be payable by the buyer.
Auction Details
** Open for mortgage buyers also. 90 days to complete**
Please note that there is a Reservation fee of 3% (Inc. VAT) subject to a minimum of £3,000 (Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.
Auction ends – Wednesday 25th January 2023 at 1 pm (Subject to anti-sniping)
Bidding Window Opens – Monday 23rd January 2023 at 10am (Bidding will not be possible until this time)
Starting price - £192,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers are asked to keep to their appointment time.
Property Details
Approx. Gross internal floor area – 703SQ ft 65.31 sqm
Fifth Floor
Comprises of entrance hallway leading to these rooms:
Living Room - 14'9 x 12'0 (4.50m x 3.65m)
Balcony - 10'11 x 4'2 (3.34m x 1.28m)
Kitchen – 11'6 x 7'9 (3.50m x 2.35m)
Bedroom 1 - 14'3 x 8'6 (4.35m x 2.60m)
Bedroom 2 – 14'2 x 8'5 (4.33m x 2.56m)
Bathroom – 5'9 x 5'4 (1.75m x 1.62m)
W.C. – 4'5 x 2'6 (1.35m x 0.75m)
Parking
Permit parking
How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.
This is a probate property and the administrator / solicitor dealing with the estate has never lived there and so may not be able to answer the usual pre contract questions. The property is sold as seen.
