Plumstead Road, London, SE18

Yopa proud to offer this modern and spacious two bedroom two bathroom apartment situated in this exemplary Royal Arsenal Riverside development. 

The property itself benefits from spacious open plan lounge/ kitchen area and offers an abundance of natural light from the floor to ceiling windows. The lounge leads to a large terrace. The modern kitchen comes with integrated appliances including dishwasher. Also benefits from spacious hallway that offers plenty of storage . Both lounge and hallway have wooden flooring, both bedrooms are of a good size and the family bathroom is very contemporary and spacious.

The Royal Arsenal is a former munitions factory & storage facility with a history dating back to 1671, that is being tastefully transformed to provide a blend of converted & new build residential properties, together with a central open space, bars, restaurants and an hotel. Beautifully landscaped, the builder has taken great care to create a development that is a pleasure to live in, rather than yet another sterile 'stack of boxes'. It retains a real sense of community yet retains a high degree of peace and tranquillity, away from the 'big smoke'.

The development currently offers 24 Concierge & Security, Residents Gym, 7R CrossFit Gym, Two Youngs "gastro pubs" The Dial Arch & The Guardhouse, Con Gusto Italian Restaurant, Salt Craft Beer & Pizzeria, Three on site cafés*, Two theatres, Health Centre, Chemist, Dentist, Tesco Express, M&S Food Hall, Sainsburys, Dry Cleaning service, Zipcar Car Sharing Club and Fortnightly Farmers Market.

Situated east of Greenwich, adjacent to Woolwich Town Centre (offering an array of main street shopping and a vibrant street market) the development is easily reached by road & rail. The new Elizabeth Line station is no more than a short stroll away, which offers a direct route to Canary Wharf in as little as 8 minutes, Liverpool Street in less than 15 minutes and London Bridge / Cannon Street) in approx. 25 minutes, via the Main Line.

London City Airport can also be reached in as little as 5 minutes via the DLR, with Stratford also accessible in approx. 20 minutes. As far as nearby leisure is concerned, a short cab ride will take you to nearby Blackheath, Greenwich or, the O2 - where you will be spoilt for choice in terms of food, drink and nightlife. As an alternative to the train or car, the Thames Clipper river bus service also docks immediately adjacent to the development and provides additional links with The O2, Greenwich, Canary Wharf, Tower Bridge, Blackfriars, The Southbank (Tate Modern) and beyond.

Leasehold Information: 999 years (less 3 days) from 1 February 2001
Service charges: £3,520 per year
Ground rent: £320 per year

**MATERIAL INFORMATION**
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Yopa.

Auctioneer's Comments:
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £9,000 including VAT a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.