- Garden
- Parking
Sold By Online Auction. A fantastic opportunity for a homeowner or buy to let investor to put their own decorative stamp on an unmodernised ground floor flat with patio garden forming part of a Victorian terrace in the heart of Kentish Town.
The property requires complete modernisation throughout but offers
great potential. The property has a current lease length of 66 years.
Grafton Road is close by to the tranquil open green space of Hampstead Heath, Primrose Hill, Regents Park with the Regents Canal tow path a short walk away. The property is also moments away from the independent boutiques, pubs, cafés, and restaurants of Kentish Town's High Street.
An unrivalled selection of transport links are found at Kentish Town & Camden Town Underground Stations for the Northern Line (which provides direct access to Kings Cross/St Pancras for the Eurostar Terminal and Heathrow), as well the Overground at Kentish Town West. Kentish Town station is also on the Thameslink Line which provides direct access to Kings Cross/St Pancras, Farringdon, City Thameslink and Blackfriars, as well as to Luton and Gatwick Airports.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange 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 of 4.2% to a minimum of £6,000.00 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by London, South West and South East Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price. Block viewings by appointment will be available on Tuesdays from 5:30-6:00pm Saturday mornings from 10:30 to 11:00am
Location
Reception 1
Kitchen
Bedroom 1
Bathroom
Patio Garden
Parking
Central Heating
Important Information
Property Ref: 58726_66167
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