2 Bed Flat, Cash/Bridging Only, London, SW16 2DE, £365,000

74 Madeira Road, LONDON, SW16, SW16 2DE - 8 views - a month ago

Auction
Cash
ROI: 6%
22 m²
+6 photos

ValuationOvervalued











Investment Opportunity



































Property History

Listed for £365,000

February 3, 2025

Floor Plans

Description

  • Modern Method of Auction +
  • Available to mortgage as well as cash buyers +
  • Private Rear Garden +
  • 0.2 Miles to Streatham Train Station +
  • Share of Freehold +
  • Victorian Conversion +

Situated on a popular tree lined road within the heart of Streatham Wells and 0.2 miles from Streatham Train Station and The High Road.

Access to the flat is via a communal entrance and accommodation is comprised of a double bedroom at the front with the kitchen separate to the reception room and a door from the reception room leading to side access to the garden. Continue down the hallway for the main bathroom and towards the rear of the property you will find another double bedroom with an en suit shower room and doors opening directly onto the West facing rear garden.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

The reservation fee is what secures the transaction and takes the property off the market. The legal Pack can be downloaded for free from the auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price, which is generally no more than 10% more than the advertised start price. Both the starting price and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by iam-sold Ltd on behalf of Andrews Property Group.

Agent Details

Andrews Estate Agents, Streatham

020 3835 2568

Next Steps?

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