2 bedroom flat for saleFlat 2, 124 Queens Gate, South Kensington, London SW7
- For sale by auction
- Leasehold Flat
- Bedrooms: 2
Lot 201A - This lot is for sale by auction as lot 201A on 3rd November 2016.
A Leasehold Well Located Self-Contained Raised Ground Floor Flat
- Extending to Approximately 73.2 sq m (790 sq ft)
On the instructions of A Kisby MRICS and P Mayo MRICS of Allsop LLP acting as Joint Fixed Charge Receivers
Leasehold. The property is held on a lease for a term of 99 years from 24th June 1993 (thus having approximately 76 years unexpired) at a ground rent of £100 per annum (rising).
The property is located on the east side of Queens Gate close to its junction with Harrington Road. The popular bars, restaurants and boutiques of Gloucester Road and South Kensington are within walking distance. The world famous open spaces of Hyde Park are available to the north and the nearby A4 provides direct access to Central London and the M4 Motorway to the west. Gloucester Road and South Kensington Underground Stations are easily accessible and Harrods Shopping Centre is within walking distance to the east.
The property comprises a self-contained flat situated on the raised ground floor of an attractive building.
The property was not internally inspected or measured by Allsop. The following information was provided by the Joint Agent. We are informed that the property providesReception Room/Kitchen, Two Bedrooms, Bathroom with WC and wash basin NB. We understand the property extends to approximately GIA 73.2 sq m (790 sq ft). (Source previous marketing details).
Registered bidding will apply to this lot. Prospective purchasers will be required to deposit cleared funds of £20,000 into the Allsop LLP Client Account prior to the Auction. In return, a bidding paddle will be provided. The successful purchaser will be required to pay any additional funds by debit card to ensure the deposit provided equates to 10% of the purchase price (Ref ZB).
The property will be open for viewing every Tuesday and Friday before the auction between 11.30 a.m. - 12 noon. These are open times with no need to register.
Dentons (Ref Bill Ramsey). Tel 01923 215071.Email email@example.com
Messrs Hamptons International(Ref James Wardle). Tel 0207 8351 444.
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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*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.
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 Allsop , Auction on 0207 494 3686.
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