Turnpike Lane, Sutton, SM1
£125,000

Guide price

SUMMARY

This centrally located flat, featuring a reception room, functional kitchen, one bathroom, and dedicated parking, offers a unique investment opportunity for those looking to modernise and personalise a property.

DESCRIPTION

Presenting a unique opportunity for investment, this flat is now available for sale. While the property is in need of modernising, it offers a fantastic base to create an inviting and personalised space.

The flat features a reception room that is primed for transformation. Whether you envision a cosy living area or a sophisticated space for entertaining, the potential here is vast. Adjacent to the reception room, you will find a functional kitchen. Although basic, it provides a solid foundation for any desired upgrades, and the potential to turn it into a culinary haven is immense.

The property currently does not feature any bedroom spaces, making it an ideal prospect for those looking to design their own living areas from scratch. However, there is one bathroom available, which, like the rest of the flat, is ready for refurbishment to meet the buyer's tastes and requirements.

One of the key strengths of this property is its location. Situated in close proximity to local amenities, it offers convenient access to daily necessities, making it a sensible choice for those who value convenience.

A standout feature of the flat is its dedicated parking. This amenity adds a significant level of convenience, particularly in an urban location where parking can often be challenging to find.

Council Tax Band: B Tenure: Leasehold Current Annual Ground Rent (£): Not currently available, please contact the branch Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): Not currently available, please contact the branch Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch

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 [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] 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 £300 inc VAT towards the preparation cost of the pack.

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.

This is a Leasehold property. We are awaiting further details about the Term of the lease. For further information please contact the branch. Please note additional fees could be incurred for items such as Leasehold packs.

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. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

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.

08444 992651 *Calls cost 5p per min

Barnard Marcus - Sutton

9 Station Parade, Sutton

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