Upton Lane, London, E7

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Bairstow Eves - Stratford Phone: 020 4645 2667

Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.<br/><br/>An exceptional studio flat situated in Upton Heights E7. This property comprises of nice sized entrance hallway, large open plan living area with fitted kitchen, bathroom with three-piece suite and two balconies. Offered to the market with no onwards chain. Upton heights is a secure gated development with lift access. The property has a long lease with 124 years remaining and EPC rating is B. The service charge is £4500 per annum (approx)<br/><br/>Upton Heights is situated off Ham Park Road giving easy access to the ever popular West Ham Park and local shopping facilities on Upton lane the property. It is also within easy reach to the heart of Stratford with Westfield’s shopping centre and the Queen Elizabeth Park. Call now to arrange a viewing.<br/><br/>This property is for sale by the Modern Method of Auction. Should you<br/>view, offer or bid on the property, your information will be shared with the<br/>Auctioneer, iamsold Limited.<br/>This method of auction requires both parties to complete the transaction<br/>within 56 days of the draft contract for sale being received by the buyers<br/>solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,<br/>affordability and survey).<br/>The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation<br/>Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.<br/>The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable<br/>consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an<br/>identification verification process with iamsold and provide proof of how the purchase would be funded.<br/>This property has a Buyer Information Pack which is a collection of documents in relation to the property. The<br/>documents may not tell you everything you need to know about the property, so you are required to complete your<br/>own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are<br/>also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation<br/>cost of the pack, where it has been provided by iamsold.<br/>The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.<br/><br/>