10 Photos
Longdon Court, 35 Junction Road, Romford, RM1
Asking price £115,000- 1 Bed
- 1 reception
***RETIREMENT FLAT BEING SOLD BY THE MODERN METHOD OF AUCTION***
Being sold with the added advantage of NO ONWARD CHAIN and situated on the second floor with LIFT ACCESS is this one DOUBLE BEDROOM retirement apartment. The property benefits from an entrance hall with storage cupboard, fitted kitchen, living room and shower room. All rooms are equipped with emergency pull cord system which allows residents to contact the visiting manager in case of an emergency. For periods when the manager is off duty there is a 24-hour emergency Appello call system. The property also benefits from communal lounge and guest facilities, residents PARKING and communal GARDEN.
Lease Remaining – 72 years
Service Charge - approx. £3400.00 pa
Ground Rent - approx. £522.00 pa
***It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.***
The property is situated 0.5 miles to Romford station, Romford town centre and local amenities. There is a medical centre located opposite the building. There are also a number of green spaces locally such as Lodge Farm Park located 0.2 miles from the property and further Raphael Park located 0.4 miles away.
***MODERN METHOD OF AUCTION***
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Location
About This Area
Are you thinking about buying or renting a property in Romford? Part of the London Borough of Havering, the area is characterised
Read the Romford Area GuideUseful calculators
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The actual
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