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Madras Road, Ilford, IG1

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

This is a great re-development opportunity for Cash Buyers Only.

The property is for sale by the Modern Method of Auction via Open Bidding, please ask if you require more information.

This mid terrace house off of Ilford Lane is currently split into a 1-bedroom and a 2-bedroom set of self-contained flats, with a communal entrance. The property is being sold as a singular freehold not independently.

The Ground Floor comprises of an open plan Kitchen/Living space, a double bedroom with bay window and a 3-piece bathroom suite. The garden is also accessed via this flat.

The First Floor comprises of a double bedroom, a single bedroom, a separate kitchen and a 3-piece bathroom suite.

The property is a great opportunity to redevelop and either turn into back into a family home, or with the right consents, splitting the title and making into 2 official leasehold properties subject to the correct planning permissions and licencing from the local authority.


Auctioneer Comments:

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 buyer will pay £300.00 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.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.




Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Madras Road, Ilford, IG1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ilford Station0.5 miles
  • Barking Station1.0 miles
  • Manor Park Station1.1 miles
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About the agent

Bairstow Eves, Barking

74 Station Parade, Barking, Essex, IG11 8EA

Bairstow Eves, Barking

With an extensive and vibrant history, Bairstow Eves has fast become an icon of professionalism in the London property market. With our distinct red and black branding, Bairstow Eves is instantly recognised and trusted as a leading London agent, with an established heritage and the backing of a wider UK network.

As experts in the diverse and fast moving London market, we are well positioned to help you at every stage of your property transaction. Whether you are looking to sell property

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference BAR230392. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bairstow Eves, Barking. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bairstow Eves, Barking on 020 3835 3579.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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