2 Bedroom Terraced House, 40 Marlow Road, London, E6 3QQ

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 2 bedroom terraced house in East Ham. This property is available to cash buyers only.

The accommodation briefly comprises: To the first floor there is an entrance hallway leading to a living room, dining room, kitchen, bathroom and external W.C. To the first floor there are 2 bedrooms.

There is a small garden to the front of the property and a well sized garden to the rear.

The property and its gardens require renovation throughout. Whilst we are unaware of any structural issues, due to its general condition we believe the property to be unmortgageable and for this reason open the auction for cash buyers only. See special conditions for more information.

The property, whilst registered, is being sold with possessory title; please see the other information section for further details.

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

Location

Marlow road is conveniently located just a short walk from East Ham high street which offers a host of local amenities. Green open spaces can also be found close-by with Gooseley playing fields and Central Park both positioned within walking distance from here. East Ham over ground station is around a mile from here and provides regular direct services into the heart of the city.

Auction Details

** Open to cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% 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.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Wednesday 25^th September 2019 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Monday 23^rd September 2019 (Please note bidding won’t be possible until this time)

Starting price – £220,000 (Reserve price is higher & unpublished)

Other Information

Tenure – Freehold (Possessory title)

Possessory title – This property is being sold with possessory title, see land registry documentation for more information. Evidence available shows that the deceased lived at the property from at least 29.11.1981 and before that it is understood that their late father lived at the property. The vendors solicitor would recommend that the vendor takes out possessory title indemnity insurance at the request of the buyer.

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 and the buyer honoured to pay it. 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 solicitor to the estate has never lived there and may not be able to answer the usual pre-contract questions.