Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £485,000.

Presenting this spacious (circa 800 sq.ft) two double bedroom apartment forming part of a purpose build block just off Maida Vale. The accommodation is in need of modernisation, and offers wonderful potential to create your own home. 

Situated on the ground floor, this apartment features two excellent similar sized double bedrooms, ample storage, a separate kitchen and a large lounge/dining room and being nestled away from the hustle and bustle, thus providing a calming environment while remaining close to all the local amenities. Served by plenty of natural light, front communal gardens and a porterage service, this well-appointed apartment would make an ideal centrally located home.

Greville Hall is approximately half a mile from Maida Vale and is well connected with Maida Vale (Bakerloo Line) and St John's wood (Jubilee Line) within walking distance in addition to a plethora of bus routes. The large 27 acre Paddington Recreation Ground is also within walking distance offering amazing open space in the heart of town.

Due to the lease length, the eventual agreed selling price will account for the cost of extending the lease by an additional 90 years. 

Tenure: Leasehold- 60 years remaining (enquire for further information)
Service Charge: £5740 per year with heating & hot water included. 
Ground Rent: £50 per year
EPC Rating: D

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.