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£320,000

Terrapin Road, London, SW17

  • 2 beds
Flat

£320,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,461 per month

Minimum deposit amount:

£16,000
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This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.Located in the heart of SW17, this purpose-built ground floor flat offers a unique opportunity for investors or cash buyers seeking a project with significant potential. The property features two spacious double bedrooms, providing ample living space within a well-designed layout. However, it is important to note that this flat is in need of a complete makeover, presenting a blank canvas for those looking to customize their dream home or investment property. Key Features: Two Double Bedrooms: Generously sized, offering flexible accommodation options. Ground Floor Flat: Easy access with no stairs, suitable for all age groups. Purpose-Built Block: Solid construction with private garden terrace and access to a private shed, and potential for modern enhancements. Complete Makeover Required: Ideal for buyers looking to refurbish and add value. Low Lease of 44 Years: Please be aware that the current lease length may impact financing options; thus, this property is suitable for cash buyers only. Location: Situated in the vibrant SW17 area, the property benefits from excellent local amenities, including shops, restaurants, and parks. Public transport links are conveniently close, offering easy access to Central London and surrounding areas. Investment Potential: With its desirable location and the opportunity for significant refurbishment, this property presents a fantastic investment potential. Cash buyers will appreciate the chance to tailor the flat to their specific requirements, enhancing its market value upon completion. Suitability: This flat is particularly suitable for investors, developers, or cash buyers looking to undertake a renovation project. The need for a full makeover allows for creative freedom in transforming the space, making it an exciting venture for those with vision and resources. Important Note: Due to the low lease of 44 years, this property is only suitable for cash buyers. Prospective purchasers should consider the implications of the lease term and seek appropriate legal and financial advice. Viewing Arrangements: Viewings are highly recommended to fully appreciate the potential of this property. For further information or to arrange a viewing, please contact us today.

Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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