Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
PARTIALLY COMPLETED DEVELOPMENT OPPORTUNITY

Lot 45

497 New Cross Road, London SE14 6TQ

Photo of 497 New Cross Road, London SE14 6TQ
Withdrawn Prior

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PARTIALLY COMPLETED DEVELOPMENT OPPORTUNITY

Lot 45

This freehold terraced building has been granted planning permission for the erection of a lock-up shop premises with three one bedroom flats above. The development has been partially completed to include piling, footings and clockwork up to roof level. The property is being sold in its partially completed state and will therefore be of interest to developers and investors wishing to complete the works and to subsequently market the units by way of letting or sale.The property is situated amongst a number of local tradersand within a few minutes walk of New Cross station.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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