A freehold link-detached house, formerly four bedrooms and over 3,000 sqft, in need of re-development or heavy refurbishment on a plot approximately 0.25 of an acre. (Title number: TGL24725)
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A freehold link-detached house, formerly four bedrooms and over 3,000 sqft, in need of re-development or heavy refurbishment on a plot approximately 0.25 of an acre. The property is currently under scaffold and plastic, the drainage and groundworks have been completed and there is planning underway (see legal documents). It is located 1.9 miles from Norbiton railway station which is Travelcard Zone 5. To be sold via online bidding on Friday, 20 September 2024.
Auctioneers comments: 'A very unique opportunity to buy a plot and development property in this location that will not come up again.'
Auction date
The property is to be sold by public auction on Friday, 20 September 2024 via a 2-hour online bidding window.
Description
Freehold, link-detached, house under scaffold and plastic, 0.25 acre plot
Location
Located close to the A3 London trunk road, mid way between Kingston upon Thames and Wimbledon, 1.9 miles to Norbiton railway station
Accommodation
House under scaffold and plastic
Outside
0.25 acre plot, pedestrian side gate, two vehicle access gates, parking, completed drainage and groundworks
EPC rating
Not applicable
Tenure
Freehold with vacant possession
Local authority and council tax band
Royal Borough of Kingston upon Thames
Council tax band: H (for previous property)
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
IIn addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100 plus VAT) of the purchase price and auction buying fee of £3,800 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 110 - 213 Robin Hood Way, London, SW20 0AA
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Joint Agent
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