Mcdermott Road, London

SUMMARY
***UNIQUE DEVELOPMENT BEING OFFERED TO THE OPEN MARKET with NO ONWARD CHAIN**

The property briefly comprises of a private entrance, hallway with reception room, OPEN-PLAN reception room/kitchen, bedroom, bathroom, workshop & STUDIO, storage room & PRIVATE ROOF TERRACE.


DESCRIPTION
Barnard Marcus are delighted to bring to market this INCREDIBLE OPPORTUNITY TO ACQUIRE A GENUINELY UNIQUE DEVELOPMENT!

The property briefly comprises of a private entrance, hallway with reception room, stairs to the first floor which provides access to the OPEN-PLAN reception room/kitchen, bedroom, bathroom, workshop & STUDIO. The property also has access to a storage room above the workshop which provides access to the PRIVATE ROOF TERRACE.

Whether you're considering converting this space into a UNIQUE Southeast LONDON LOFT APARTMENT, you're an artist/business owner who's ideal next home is a LIVE/WORK SPACE with fantastic links to the city or you're a developer looking to turn this into SOMETHING EVEN BIGGER it's a property you need to visit in person!

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Ground Floor 

Entrance Hall 34' 2" x 7' 4" ( 10.41m x 2.24m )

Reception Room 8' 1" x 7' 5" ( 2.46m x 2.26m )

First Floor 

Lounge/Kitchen 20' 6" x 18' 2" ( 6.25m x 5.54m )

Bedroom One 11' 1" x 9' 11" ( 3.38m x 3.02m )

Bathroom 

Workshop 19' 2" x 18' 3" ( 5.84m x 5.56m )

Studio 35' x 19' ( 10.67m x 5.79m )

Second Floor 

Storage 9' 3" x 6' 6" ( 2.82m x 1.98m )

Store 13' 1" x 6' 3" ( 3.99m x 1.91m )

Roof Terrace 69' 11" x 35' 4" ( 21.31m x 10.77m )



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.