152 Drew Road, London, E16 2DG
£205,000
Guide Price
Property Features
- 3 bed ground floor maisonette (748 sq ft)
- Competitively priced for 28-day auction and chain free
- Perfect for a savvy investor
- Lease Length = 98 years
- Service charge - £120 per month
- Ground rent = £10 pa
- System built construction
- In need of modernisation
- Spacious lounge diner (174.67 sq ft)
- Fitted kitchen (98.94 sq ft)
- 3 bedrooms each with ample space (120.69, 83.72 and 70.20 sq ft respectively)
- Sizable bathroom (30.50 sq ft)
- Allocated parking
- Private rear garden
Property Summary
This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).Property Solvers Online Auctions is delighted to present this 748 sq ft 3-bedroom ground-floor maisonette located on 152 Drew Road, London.
This well-proportioned three-bedroom ground-floor maisonette, situated on Drew Road in London’s E16 area. The property is spacious and practical, making it an appealing choice for families and investors alike.
The property comprises 3 bedrooms, each with ample space (120.69, 83.72 and 70.20 sq ft respectively), a spacious lounge diner (174.67 sq ft), a fitted kitchen (98.94 sq ft) and a sizable bathroom (30.50 sq ft), providing a versatile layout with excellent potential to create a comfortable family home. The property also presents an opportunity for a new owner to modernise and personalise to their own taste and requirements. The maisonette also features allocated parking and a private rear garden
Situated in a convenient East London location, the property is well placed for access to a range of local amenities, schools, shops and transport links. With its three-bedroom layout, ground floor position and potential for improvement, this maisonette represents an excellent opportunity for buyers seeking a property with scope to add value. Early viewing is highly recommended.
More Information
The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.
28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
