2 Bed Flat, Refurb/BRRR, London, E12 6JX, £250,000

• Being Sold By GOTO Online Auction +
• Buy-It-Now Option Available +
• Buyer’S Fees Apply +
• Two Bedrooms +
• Ground Floor Flat +
• Large Garden +
• Amazing Potential +
• Close To Local Amenities And Transport Links +

The Property
GOTO ARE PLEASED TO OFFER FOR SALE VIA ONLINE AUCTION THIS TWO BEDROOM GROUND FLAT IN LONDON.

A well-presented, large ground-floor two-bedroom flat with excellent investment potential. The property features two spacious double bedrooms, a fitted kitchen, and a bathroom located at the rear. The generous reception room opens onto an exceptionally large garden.

While some modernisation would enhance its appeal, the flat is in overall good condition, making it a great option for investors or buyers looking to add value. With its spacious layout and development potential, this property is an excellent opportunity for capital growth and high returns.

Conveniently situated just off Romford Road, providing easy access to an array of local amenities, shopping facilities, and excellent transport links. Nearby, you’ll find The Mall Ilford, various supermarkets, cafes, and restaurants.

For commuters, Manor Park and Ilford Stations (Elizabeth Line) are within close reach, ensuring quick connections into Central London, Canary Wharf, and beyond. A short bus ride takes you into Stratford, home to the famous Westfield Shopping Centre, The Queen Elizabeth Olympic Park, and vibrant nightlife options.

For those who appreciate green spaces, the property is within walking distance to Wanstead Flats—a beautiful and expansive parkland ideal for walks, jogging, and outdoor leisure. Little Ilford Park is also nearby, adding to the area's charm and offering more recreational space.

Lease Information: 99 years from 1 January 2006 which may affect the ability to purchase the property with a mortgage or lending.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £250,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

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 has been 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 will 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.

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.

Specification
To book a viewing visit Purplebricks.

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 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396 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.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 31/12/2104

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.