Malvern Road, Maida Vale, London, NW6 Auction guide price of £340,000

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1 Bedroom Flat  For Sale Auction guide price of £340,000

Immediate ‘exchange of contracts’ available

Being sold via ‘Secure Sale’

Close to tube

Ground Floor Entrance

Private Patio

Fitted Kitchen

Fantastic location

Double Glazed

EPC Rating D

Council Tax Band C, Brent

Leasehold

106 Lease Years Remaining

Ground Rent None

Service Charge £1,000 per annum

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £340,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Charming 1-Bedroom Ground Floor Apartment with Potential in Period Conversion

Nestled in the heart of Malvern Road, NW6, this delightful one-bedroom ground-floor apartment offers a unique opportunity to create your dream home. Situated within a characterful period conversion, the property exudes charm and features high ceilings, large windows, and a spacious layout. While the apartment would benefit from modernisation, it provides a blank canvas to truly make it your own. The existing layout offers versatility, with potential to reconfigure into a two-bedroom home (subject to planning and regulations).
Key features include:
Generously sized bedroom and living area
Period features and high ceilings
Private ground-floor access
Ample potential for reconfiguration and updates
Located on a vibrant street with excellent transport links, shops, and local amenities nearby, this property is perfect for first-time buyers, investors, or those seeking a project to maximise value. Don't miss this chance to own a property full of potential in a highly sought-after NW6 location.

Auctioneers Additional Comments

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.


The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.


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.

EPC for Malvern Road, Maida Vale, London, NW6

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Fees

Holding deposit - Capped at 1 weeks rent (only applicable where the Landlord has withdrawn the offer)

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent as stated in the AST contract

Changes to tenancy - Capped at £50 including Vat

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is four weeks’ overdue

Replacement keys - Reasonable costs as charged by the supplier or the option for the tenant to purchase directly themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in the Assured Tenancy Shorthold (AST) contract

Client Money Protection Scheme Membership - Membership number: CMP013570

Property Redress Scheme Membership - Membership number: PRS047067