Cairns Avenue, Norbury, SW16

PLEASE QUOTE MR0560 - Being Sold by Online Auction - Starting Bids from: £200,000 - Buy it now option available.  Well presented one bedroom ground floor flat in popular modern development on the borders of Norbury and Mitcham, close to transport links and amenities.  The property offers bright, well planned accommodation with modern interiors throughout - ideal for homeowner or investor alike in this sought after and convenient location.  Features include a light and spacious open plan reception/kitchen, modern bathroom, gas central heating, double glazing and neutral decor.  

Accommodation comprises entrance hall with inbuilt storage, leading into the open plan reception/kitchen with ample space for both relaxing and dining.  The kitchen area comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, gas hob with overhead extractor and electric oven below, and further space for appliances.  There is a well sized double bedroom, plus a modern bathroom with white three piece suite.  

The property is conveniently located within easy access of Mitcham, Streatham, Norbury and Croydon, with nearest railway stations at Mitcham Eastfields providing excellent links into Central London. Tramlink services run from nearby Mitcham Junction connecting Croydon, Beckenham and Wimbledon town centres. There are a variety of local shops and amenities nearby, with Croydon and Streatham only a short distance away providing a larger selection as well as restaurants and bars.  The area is also well served by open spaces including nearby Mitcham Common.  

Being Sold by Online Auction

Starting Bids from: £200,000

Buy it now option available

Please call or visit Goto Online Auctions for more information.

This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

Lease info: 125 years from 1 January 2012

There are important restrictions and charges listed on the Title for this property which is available in the legal pack. Please be aware that restrictions and charges may, for example, result in issues obtaining a mortgage, longer completion times and restrictions on the use of the property or land. You may wish to seek further advice on this.

To book a viewing contact: Miles Rudland, EXP

General Information:

Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6600 including VAT and a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Material information:

The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well