2 Bedroom Second Floor Flat & Garage, 6 Ashcroft Court & Garage 29, Greenacres, North Park, Eltham, SE9 5BQ

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 2-bedroom second floor flat (and garage) located just a short walk from Eltham High Street. This auction is open to mortgage buyers also.

This spacious and airy second floor accommodation, which is accessed via a communal staircase, briefly comprises: There is an entrance porch leading to a large open plan living / dining room with balcony, kitchen, 2 double sized bedrooms, and a bathroom with separate W.C.

The property benefits from having a private garage (Number 29) which should be used for parking only.

Outside there are well maintained communal gardens.

The property needs some modernisation throughout and would suit those looking for a renovation project.

Please see the other information section for tenure details and for further information with regards maintenance fess etc. There is also a copy of the lease and a shareholder handbook which details information about Greenacres, which is available for download from the Hammer Price Homes website and should be read prior to bidding.

To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.

Location

The property is conveniently located just a short walk from Eltham High Street offering easy access to a range of shops, restaurants, supermarkets and also Eltham Community Hospital. The property is also well placed for commuters with Eltham train station positioned just a 15 minutes’ walk from here, providing direct services into various City Centre stations, including Charing Cross, Cannon Street and Victoria.

Other Information

Tenure – Share of freehold and Leasehold (971 years remaining) – 999 years from 25^th March 1995 – The Land Registry documentation is available for download from the Hammer Price Homes website.

Managing Agent – The freehold company is ran by the residents who have appointed Jennings and Barrett as the management company.

Greenacres Shareholder’s Handbook – This is available for download from the Hammer Price Homes website.

Ground Rent – Nil

Service Charge – The current quarterly service charge for the flat is £397.20 and the garage service charge is £19.62. The costs are up for review in April 2023 and may increase due to increases in energy costs.

Buildings insurance – £238.76 for period March 2022 – March 2023

Lease – a copy of the lease is available for download from the Hammer Price Homes website.

Auction Details

** Open for mortgage buyers also. 90 days to complete**

Please note that there is a Reservation fee of 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 – Thursday 9^th February 2023 at 1 pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 7^th February 2023 at 10am (Bidding will not be possible until this time)

Starting price – £245,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers are asked to keep to their appointment time.

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 the administrator / solicitor dealing with the estate has never lived there and so may not be able to answer the usual pre contract questions. The property is sold as seen.