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2 Timeshare at Marriott Residence, 47 Park Street, London, W1K 7EB

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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

Key features

  • Timeshare for sale
  • 1 bedroom Premium serviced apartments
  • Located in the heart of Mayfair, London W1
  • Please contact us for further details

Description

Interested parties should contact Knight Frank Auctions for further information.

Description
Rarely available timeshare.

Fractional ownership of a Premium 1 bedroom apartment in the exclusive 47 Park Street - Grand Residences by Marriott. 21 primary nights per year plus many additional benefits.

Note - an additional contracts for an additional 21 nights is also available.

Contact Richard for further details - +44 20 7861 5141 - Richard.

Membership enables 47 Park Street to become your London address; whether it is the need for correspondence or just friends or family using your apartment as they would your home. Additionally, members are able to leave belongings in storage, thus giving a unique, intimate and hassle free lifestyle, ensuring a Member feels that they are in their London home.

FEATURED AMENITIES

- Free Wifi
- Dry Cleaning Service

All-Suites

- Kitchen
- Room Service
- 24 Hour Room Service
- Wake up Calls
- Turndown Service
- Kitchenette

Notes

(i) Primary Use Time

For each Fractional Interest owned, a Member may occupy a Residence of the purchased Residence Type for 21 nights in each Use Year; no rental fee is payable for such use. Additional Plan Benefits may be exercised in lieu of Primary
Occupancy Time.

(ii) Extended Occupancy Time
For each Fractional Interest owned, a Member may occupy a Residence of the purchased Residence Type for up to 14 nights at the Per Diem Rate. The Extended Occupancy Time is available once the Primary Use Time has been used or reserved in full. Additional Plan Benefits may not be exercised in lieu of Extended Occupancy Time and Guests of a Member may not occupy in lieu of Member under the Extended Occupancy Time.

(iii) Space Available Programme
Members who have used or reserved all Primary Occupancy Time and who have joined the Rental Programme may occupy a Residence for up to three consecutive nights at any one time at the Per Diem Rate on a space available basis. Additional Plan Benefits may not be exercised in lieu of occupancy under the Space Available Programme and Guests of a Member may not occupy in lieu of Member under the Space Available Programme.

Residence & Management Fees - Please refer to Knight Frank

Location
The building is conveniently located on Park Street in Mayfair, just moments from Hyde Park. All the world famous amenities of the West End are within easy reach.

Occupancy
Vacant

Buyers Fee
The buyers fee is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of Timed Auction BUY-IT-NOW and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

The property is available to purchase immediately at the available price listed on the lot. In some exceptional circumstances there may be a delay in processing your registration. If this delay results in another person placing a successful offer, SDL Property Auctions are not liable to you for any loss of opportunity.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Energy performance certificate - not provided

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.

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2 Timeshare at Marriott Residence, 47 Park Street, London, W1K 7EB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Marble Arch Station0.2 miles
  • Bond Street Station0.3 miles
  • Hyde Park Corner Station0.6 miles
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About the agent

Knight Frank Auctions, Auctions

55 Baker Street, London, W1U 8AN

Knight Frank Auctions, Auctions

We are passionate about property. Our foundations are built on supporting clients in one of the most significant decisions they’ll make in their lifetime. As your partners in property, we act with integrity and are here to help you achieve the very best price for your home in the quickest possible time. We offer a range of services for your property requirements. If you are selling, buying or letting a home, or you need some frank advice and insight on the current property market from our tea

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Industry affiliations

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Disclaimer - Property reference 235635. 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 Knight Frank Auctions, Auctions. 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 Knight Frank Auctions, Auctions on 020 3907 3344.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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