Sold
Guide Price £220,000

2 bed maisonette for sale in Brownlow Road, Bounds Green, N11 (ref: 515344)

Shortlist

Key Features

  • For Sale By Auction
  • Great for investors
  • First and second floor
  • Private entrance
  • 2 bedrooms - 1 bathroom
  • Kitchen/breakfast room
  • 44 years remaining on lease
  • In need of modernisation
  • Moments from underground and shops
  • Long term investment

Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £9,000 including VAT plus an administration charge of £354 including VAT, a total of £9,354. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Stamp Duty Due

Based on a sale price of £220,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

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Further Details

  • Status: Sold
  • Reference: 515344

Location

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