3 Bedroom End Terrace House, 5 Ennis Road, Plumstead, London, SE18 2QR

Overview

Hammer Price Homes are delighted to present for sale by online auction, this vacant & chain free, 3 bedroom end terrace house in a sought-after location just off Plumstead Common. This auction is open for cash buyers only.

This double bay fronted Victorian accommodation situated on an elevated terrace comprises: To the ground floor, positioned on a split-level design, there is an entrance hallway leading to a lounge, dining room, second reception, utility and kitchen. To the first floor, also on a split-level design, there are 3 bedrooms, bathroom and a separate W.C.

To the front of the property is a small garden with on-street parking. To the rear is a well sized elevated garden.

The property is in need of renovation throughout suiting those looking for a modernisation project with scope for reconfiguration / extension subject to planning consent. Whilst we are not aware of any structural issues there is evidence of cracking in the property and the ceiling damage in the bathroom is evidence of a requirement for possible roof work as part of the overall renovation work.

Due to the general condition of the property, we feel that buyers will not be able to obtain lending on the property through a traditional mortgage and for this reason, open this auction for cash buyers only. There will be no return of the reservation fee should the buyer have to withdraw from the purchase citing issues around securing lending on the property or for reasons concerning the general condition of the property. The property is sold as seen and prospective buyers are advised to seek advise from a builder prior to bidding.

Location

Ennis Road is well positioned with both Shrewsbury Park and Plumstead Common located just around the corner as well as being a short walk away to Oxleas Wood, Shooters Hill golf course, tennis and bowling clubs. It’s also just a short bus ride from Woolwich town centre with its array of shops, bars and restaurants as well as key rail links including Woolwich main railway station, DLR and the Crossrail line.

Special Conditions

Due to the general condition of the property, we feel that buyers will not be able to obtain lending on the property through a traditional mortgage and for this reason, open this auction for cash buyers only. There will be no return of the reservation fee should the buyer have to withdraw from the purchase citing issues around securing lending on the property or for reasons concerning the condition of the property including structural or other.

Other Information

Tenure – Freehold (see land registry information available for download from the Hammer Price Homes website)

Auction Details

** Open for cash buyers only. 90 days to complete**

Please note that there is a Reservation fee (3% Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Auction ends – Wednesday 27^th July 2022 at 1pm (subject to anti-sniping)

Bidding Window Opens – Monday 25^th July 2022 (Bidding will not be possible until this time)

Starting price – £339,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings

Bidding is only permitted for those who have viewed. Please register as a buyer on the Hammer Price Homes website and book in for an open day.

We will continue to keep abreast of Government guidelines re Covid-19. This property is vacant which means we are comfortably able to conduct viewings whereby safe distancing is adhered to. Viewers must stick to their time precisely.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The vendors / solicitor may not be able to answer the usual pre-contract questions