Wandle Road, Morden, SM4
- PROPERTY TYPE
Maisonette
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- MODERN METHOD OF AUCTION
- CASH BUYERS ONLY
- FIRST FLOOR MAISONETTE
- TWO BEDROOMS
- LOUNGE
- KITCHEN
- BATHROOM
- GARDEN
- UPDATING REQUIRED
- LEASE 55 YEARS
Description
Andrews property Group Morden Branch has taken this property to the market for cash buyers only. Currently the lease is approximately 55 years and will not be supported by a mortgage, so cash will be key and it will be the buyers resposability to make enquiries to extend the lease. The property is in need of some general cosmetic improvements and modernisation, but this has been reflected in the price. Offering two bedrooms, lounge, kitchen and bathroom plus access to the loft and your own garden. The Ravensbury area of Morden is situated adjacent to the River Wandle, and offers a unique mixture of residential properties of all styles and sizes. The National Trusts Morden Hall Park, and Ravensbury Park and well placed for the town centre of Morden. Local bus routes connect to Sutton, Brixton, Herne Hill and Morden – which is on the Northern Line and offers direct links to London.
*BEING SOLD VIA THE MODERN METHOD OF AUCTION*
Andrews property Group Morden Branch has taken this property to the market for cash buyers. Currently the lease is approximately 55 years and will not be supported by a mortgage, so cash will be key and it will be the buyers resposability to make enquiries to extend the lease. The property is in need of some general cosmetic improvements and modernisation, but this has been reflected in the price. Offering two bedrooms, lounge, kitchen and bathroom plus access to the loft and your own garden. The Ravensbury area of Morden is situated adjacent to the River Wandle, and offers a unique mixture of residential properties of all styles and sizes. The National Trusts Morden Hall Park, and Ravensbury Park and well placed for the town centre of Morden. Local bus routes connect to Sutton, Brixton, Herne Hill and Morden – which is on the Northern Line and offers direct links to London.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Wandle Road, Morden, SM4
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About Andrews Estate Agents, Morden
84 London Road Morden SM4 5BA
With roots dating back to 1946, Andrews has evolved into a prominent property specialist in Southern England. Boasting 44 sales and lettings branches, our growth is underpinned by a robust network of sales, lettings, and mortgage advisors based in Bath, Bristol, Gloucestershire, Kent, London, Oxfordshire and Surrey.
What sets us apart is our unique ownership structure. We're 100% owned by a charitable trust, so giving back and helping out communities in need is a huge part of Andrews. A large slice of our profits goes to causes that tackle big issues in our communities and overseas, like education, employment and shelter.
Since 1994 we've contributed over £10 million to fund social and innovative charitable enterprises. Stepping into our eighth decade in business it continues to be an integral part of our company identity and ideals.
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Visit our security centre to find out moreDisclaimer - Property reference MDS230017. 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 Andrews Estate Agents, Morden. 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 Andrews Estate Agents, Morden on 020 3872 3678.
*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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