1 bed flat for sale

Admiral Walk, London W9

1 Bedroom, Third Floor Flat, Flat 12, Finch Lodge, Admiral Walk, London, W9 3TB

Overview

Hammer Price Homes are pleased to present for sale by online auction this 1 bedroom, third floor flat in London. This auction is open to mortgage buyers with 90 days to complete.

The property briefly comprises: To the third floor, an entrance hallway leading to a lounge/dining room, kitchen, bedroom and a bathroom.
Outside the property benefits from a balcony accessed off the lounge/dining room. An allocated parking space is available in the underground Car Park. The location of this is shown edged green on Plan No.3 at the end of the Lease uploaded to the Hammer Price Homes website.

The property offers a blank canvas for somebody looking to put their own stamp on a property and presents a good opportunity for both home buyers and investors.

Whilst we welcome mortgage buyers to take part in the auction, if you are looking to finance the property through a traditional mortgage then please ensure that you have a mortgage in principle approved for the amount you are bidding.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is situated within Admiral Walk is conveniently placed just moments from fashionable Little Venice with it's boutiques and cafes on Formosa Street and Clifton Road, as well as offering easy access to Notting Hill. Local transport includes Warwick Avenue (Bakerloo line).

Tenure

Tenure - Leasehold (89 years remaining) – Land Registry documents, including the Lease, are available for download from the Hammer Price Homes website.

Service Charge: £5291.04 per annum

Ground Rent: £200 per annum (rises every 25 years, please refer to the Lease for further details)

Freeholder Information: Carlton Gate Sales Limited

Management pack information – LPE1 has been obtained from the management company and contains useful information regarding the management company rules and charges etc. Please note that any arrears relating to the current owner will be settled by the solicitor handling the probate administration on completion. Arrears will not pass to the buyer. The LPE1 and other supporting documents, including the Fire Risk Assessment and Asbestos Report, are available for download from the Hammer Price Homes Website

Asbestos Report – Asbestos has been identified in various areas in the apartment block (not in the flat itself). It is noted in the report this should be suitably maintained and periodically reinspected.

Fire Compliance – Please see Fire Risk Assessment uploaded to Hammer Price Homes website. As mentioned in the LPE1 form also uploaded, there are necessary works that have been identified.

Section 20 notice: As can be seen on the LPE1 form, there are some section 20 works anticipated in the next 2 years for fire stopping (identified in the Fire Risk Assessment), a lift project and Internal and External works. There are currently no planned works. If there are works identified for this block and these will cost the leaseholder more than £250.00, then a further consultation will take place.

Lease: A copy of the lease and other Land Registry documents are available for download.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – E
EPC Rating – D

Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: No Gas System Present
Source/s of heating: Boiler and radiators, electric (information taken from EPC Certificate)
Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches

Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

** Open for mortgage buyers. 90 days to complete**

Auction ends – Thursday 25th September 2025 at 1:00pm (Subject to anti-sniping).
Bidding Window Opens – Tuesday 23rd September 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price - £280,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.
Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Property Details

Approx. Gross internal floor area – 614.7 sq ft / 57.1 sq M

Third Floor
Comprises of an entrance hallway leading to these rooms:
Lounge/Dining Room – 21’1 x 11’6 (6.43m x 3.51m)
Kitchen – 8’6 x 9’3 (2.58m x 2.82m)
Bedroom 1 – 14’10 x 9’0 (4.51m x 2.74m)
Bathroom – No Measurements Taken
Balcony - No Measurements Taken

Parking
Allocated Parking Space

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements). It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers faq’s for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.