Flat for sale in Morton Apartments, Lock Side Way, London E16

For sale by auction

Guide Price: £399,000+

A vacant leasehold residential

Property Description

A two bedroom, two bathroom apartment in the waterside development of Royal Albert Wharf. South facing, with large winter garden overlooking River Thames. Located adjacent to the Royal Docks, these stunning apartments offer everything you need.

Transport links into the City and Canary Wharf via the DLR of Gallions Reach. Close to City airport, Canary Wharf, Asian Business Centre, Excel and East London University Including an allocated parking space.

We have been advised of the following lease information (please confirm with your legal representative)

Service charge £200pcm

Ground rent :£30pcm

The auction will run from Tuesday 19th October to Thursday 21st October.

Viewing Details

Open days are as follows:

- Saturday 9th October 2021 - 12pm-3:30pm

- Saturday 16th October 2021 - 12pm-3:30pm

Energy Performance Rating

EPCs can be viewed in full on on the sales details page or in the legal pack.

Unconditional Auction Details

Contracts are exchanged immediately at the end of the auction and a 5% deposit subject to a minimum of £5,000 will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Completion will be 8 Weeks (56 days), which means interested parties can proceed with traditional residential finance.

Every buyer must first create an account at underthehammer. Com Remote bidding facilities are also available, contact the auction office for further details.

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction.

Bidding

For bidding please visit: Underthehammer. Com

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property. If the property is currently occupied during the term of the auction but is to be sold with vacant possession, the auctioneer and selling agent take no responsibility if the property is not vacated on or before completion.

Full Terms & Legal Documents

Available at underthehammer. Com