1 Bed Flat For Sale Mercury Gardens, Romford, RM1

£170,000- Flat

Modern Auction
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Key Features

  • Buy-it-now Option Available
  • Being Sold By Online Auction
  • Cash Buyers Only
  • Well Presented Throughout
  • Private Gated Development
  • 24 Hour Staffed Security & Concierge
  • On Site Residents Gym & Bike Storage
  • Ideally Located Close To Local Amenities
  • Walking Distance To Romford Station
Last Updated: 1st January 1970

Description

The Property
Being Sold by Online Auction

Starting Bids from £170,000
Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks


General Information
Auctioneer's Comments

This property is offered for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the vendor’s solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneers authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £7,800 including VAT, plus an administration charge of £354 including VAT, a total of £8,154. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.


Property Description
Situated in a sought after location is this immaculately presented, spacious one bedroom flat.
The property benefits from a striking modern fitted kitchen and bathroom, open plan sitting/dining area, comfortable master bedroom and plenty of storage.

In addition to this the property further benefits from a concierge service as well as a residents gym.

This superb apartment is perfect for investors or private buyers alike and is ready to move into immediately without further expense.

Conveniently located within walking distance of Romford Town Centre and Romford Station with direct transport links into Stratford and London Liverpool Street. The area is home to many restaurants, bars and shops as well as a cinema all on your doorstep.

***CASH BUYERS ONLY***

Lease term: 114 years remaining
Service charge: 1200 biannual
Ground rent: 90 biannual
6th floor

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details
Purplebricks
Suite 7 First Floor Cranmore Drive Shirley Solihull B90 4RZ

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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