Flat 11 Conifer Court, Bluebell Way, Ilford, Essex, IG1 2GZ

  • Unconditional Online Auction Sale
  • Guide Price* : £160,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1

For Sale by online Auction, to acquire a modern and well-maintained one-bedroom apartment, offered with the significant advantage of a sitting tenant currently paying £1,475 PCM. Bidding opens Tuesday 17th March at 10:00am

Description

A superb opportunity to acquire a modern and well-maintained one-bedroom apartment, offered with the significant advantage of a sitting tenant currently paying £1,475 PCM, delivering immediate rental income from day one. The property further benefits from its own allocated parking space.

Situated on the second floor, the flat is ideally positioned within close proximity to Barking Station, providing excellent transport links via the Hammersmith & City and District Lines (Zone 4), along with Barking Overground, ensuring consistent tenant demand.

Access is via a secure phone entry system leading into well-kept communal areas, with stairs rising to the second floor where the property enjoys its own private entrance. Internally, the apartment is well laid out and comprises a spacious bedroom, modern bathroom, bright lounge area, and a fitted kitchen, all presented in good order.

With strong rental income already in place, parking included, and a prime transport-led location, this is a compelling buy-to-let opportunity not to be missed.

Leasehold:
Lease started: 04/12/1998
Lease until: 31/12/2097 (71 years unexpired)

We have been advised by the vendor that there is an option to extend the current lease term to 990 years. Potential bidders and purchasers are advised to undertake their own due diligence in respect of the availability and terms of any such lease extension.

Annual Ground Rent £1
Annual Service Charge: £870 for the year or £72.50 per month

EPC Rating: C (70) Valid until – 9th October 2029

Council Tax:
Redbridge Council
Band: B (£1703.08)

Disclaimer 1:
No representative of OLAPA LTD, the auctioneers, has physically inspected the property and, as such, we are unable to confirm the property’s current condition. All photographs and related information have been provided by the vendor. Interested parties are advised to rely on their own inspections and enquiries prior to bidding or purchase.

Disclaimer 2:
The particulars and information relating to this property have been prepared by OLAPA Ltd in good faith and are provided for general guidance only. While every effort has been made to ensure that the details are accurate and reliable, OLAPA Ltd makes no warranty, representation, or guarantee as to their accuracy, completeness, or suitability for any purpose.
All measurements, descriptions, plans, photographs, and other information are believed to be correct but are not guaranteed and should not be relied upon as statements or representations of fact. Any plans, images, or illustrations are for identification and illustrative purposes only.
Prospective purchasers and bidders are strongly advised to carry out their own independent inspections, investigations, and due diligence, including obtaining professional advice where appropriate, prior to bidding or entering into any purchase agreement.
OLAPA Ltd acts solely as auctioneer and accepts no liability for any errors, omissions, or inaccuracies contained in the property particulars, or for any loss or damage arising from reliance upon them. No employee or representative of OLAPA Ltd has authority to make or give any representation or warranty in relation to the property.
Participation in the auction and any subsequent purchase is undertaken entirely at the bidder’s own risk.

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 5%+VAT (subject to a minimum of £5,500+VAT) buyer's premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

PRE AUCTION OFFERS ARE CONSIDERED
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

SPECIAL CONDITIONS
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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  1. Generally speaking, Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
  2. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  3. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  4. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  5. Services: Please note we have not tested the services or any of the equipment or appliances in any property marketed with ourselves, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  6. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS. NEITHER OLAPA LTD NOR ANY OF ITS EMPLOYEES OR PARTNER AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS LOT.
  7. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
  8. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by OLAPA Ltd, and OLAPA Ltd will not be held liable for loss or injury caused while viewing or accessing the lot. Electricity maybe disconnected in some properties, therefore viewing times maybe limited to daylight hours. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time changes. OLAPA Ltd will not be liable for any costs or losses incurred due to viewing cancellations or no shows.