Guide price
£260,000
1 bed flat for saleVarcoe Road, London SE16
1 bed
1 bath
1 reception
EPC Rating: D
Auction
Leasehold
About this property
This well presented one bedroom one bathroom purpose built second floor flat offers bright and comfortable living throughout, making it an ideal home for first time buyers, commuters or investors. The property is located in the highly desirable SE16 area and forms part of a well maintained development that provides a welcoming and secure environment.
Inside, the flat is in good condition and features a spacious living area, a modern kitchen with ample storage, a well proportioned double bedroom and a clean, well kept bathroom. The property further benefits from an allocated parking space, an intercom entry system for added security and the valuable advantage of loft access, providing excellent additional storage. It also comes with a share of the freehold*, offering long term peace of mind for any future owner.
The location is one of the flat’s strongest features. South Bermondsey National Rail station is approximately a four minute walk away, providing fast and direct links into central London, including London Bridge. The wider SE16 area offers a fantastic mix of convenience and lifestyle, with easy access to local parks, riverside walks, shopping facilities and a great selection of cafés, bars and restaurants.
Contact us for a viewing.
Auctioneer Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Inside, the flat is in good condition and features a spacious living area, a modern kitchen with ample storage, a well proportioned double bedroom and a clean, well kept bathroom. The property further benefits from an allocated parking space, an intercom entry system for added security and the valuable advantage of loft access, providing excellent additional storage. It also comes with a share of the freehold*, offering long term peace of mind for any future owner.
The location is one of the flat’s strongest features. South Bermondsey National Rail station is approximately a four minute walk away, providing fast and direct links into central London, including London Bridge. The wider SE16 area offers a fantastic mix of convenience and lifestyle, with easy access to local parks, riverside walks, shopping facilities and a great selection of cafés, bars and restaurants.
Contact us for a viewing.
Auctioneer Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Mortgage calculator
Monthly repayment
£1,300 per month
Whole of market comparison
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (88 years)
Service charge
£2,250 per year
Council tax band
C
Ground rent
Ground rent date of next review



.png)