£200,000 /Sale price

A perfect investment or first time buyer purchase, offered to the market with no onward chain!This fantastic one bedroom flat offers spacious and comfortable accommodation throughout, boasting an open-plan layout with a double bedroom and an excellent location.Situated on the ground floor of this impressive converted building, the property offers a beautiful frontage, well kept communal areas and grounds, with residents parking to the front. The property is located within a short walking distance to Sydenham station as well as the popular Crystal Palace Park and further amenities in the local area.In addition to this there are 3 local stations all within easy walking distance. Auctioneer Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with theAuctioneer, iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyerssolicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everythingyou need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the ReservationAgreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards thepreparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.