Listed for £325,000
August 8, 2024
Sold for £168,000
2017
Sold for £125,000
2002
Sold for £66,000
2000
Yopa are proud to bring to the market this newly refurbished and very well presented three bedroom flat, set within this low rise, purpose built block in Plaistow. The current owners have enhanced the interiors with quality fixtures and fittings, and installed a new kitchen with ample space to dine, a new modern bathroom with separate shower unit, new boiler and electrics with new flooring throughout. There are also three good sized double bedrooms and ample storage throughout. The the property is also available with all furniture, fixtures and fittings including the new kitchen appliances. Currently tenanted and available with no onward chain, this property would make a great investment (currently yields circa £1,850 pcm) or a family home, so an internal viewing is highly recommended!! Whitelegg Road is a quiet residential street, situated just moments from Plaistow underground station, (District, Hammersmith & City) in Zone 2, allowing for an easy commute into the City, West End and Canary Wharf & beyond. There are ample local shops, and amenities close by with several bus routes into Stratford City, with Westfield Shopping Centre in the heart of bustling Stratford and an abundance of shops, restaurants and bars to enjoy. The green open spaces of The Queen Elizabeth Olympic Park & West Ham Park are also very close by. LEASE INFORMATION We have been informed by the current owners of the following: Lease Term: 125 years from 7th May 1990 which may affect the ability to purchase the property with a mortgage or lending. Service Charge: c. £1,500 pa Ground Rent: c. £10 pa EPC Rating: D Council Tax: C (Figures are direct from the vendor & should be confirmed via solicitors) Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete 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 with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing visit Yopa. 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 is 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 reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. 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 Legal Pack which can be downloaded for free from our website or requested from our Auction Department. Buyer Fees 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 Buyer’s Premium of £9,000 including VAT a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market. Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
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