Ivanhoe House, Rinaldo Road, Balham, London, SW12 8PS

Being sold via Secure Sale online Auction bidding. Terms & Conditions apply. Starting Bid £300,000. A good sized 2 bedroom 3rd floor flat located close to Balham High Street. Private balcony off the living room.

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.

PLEASE NOTE: The property currently has a tenant paying £1685 pcm under an Assured shorthold tenancy agreement, periodic basis, meaning 2 months notice can be served to the tenant should the buyer require vacant possession. The Furniture as per the inventory will be included in the sale.

Easy walking distance to both Balham tube and main line station in one direction or Clapham South in the other direction. Balham and Clapham offer an amazing choice of bars, restaurants, cafes, shops and stores and its also on the city's super cycle highway bike lane routes so if you wish to cycle into town for work its an easy option to consider.

The block has a lift and stairs to access each floor. Inside the flat there is a good sized L-shaped hall with storage cupboards. This apartment has two good sized bedrooms, one of which has a built wardrobe cupboard. The second bedroom easily fits a double bed. The living room has laminated flooring and gives access to the private BALCONY. There are built-in appliances to the fitted kitchen.

Leasehold - approx 99 years to remain. Ground rent £10pa. Service charge will vary of course but we have been informed by the seller that the 2022-2023 service charge was approx £1090 for the year. The estimated 2023-2024 service charge is still to be communicated. Any intending purchaser should of course verify these details via their solicitor.

Immediate ‘exchange of contracts' available

Sold via Online Auction ‘Secure Sale'

Auctioneers Additional Comments:

Pattinson Auction are working in Partnership with the marketing agent (Ewemove) 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.

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.

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.

Additional Information:

• Council Tax: Band C