Upton Lane, Forest Gate, E7
Chain Free | Five Bedrooms | Period Property | Prime Location | Modernisation Required
Situated on the ever-popular Upton Lane, E7, this substantial five-bedroom period property offers an exciting opportunity for buyers looking to create a fantastic family home in one of the area's most sought-after locations.
Boasting generous accommodation throughout, the property comprises two spacious reception rooms, providing ample space for both family living and entertaining. The home further benefits from five well-proportioned bedrooms and two bathrooms, offering versatile living arrangements for larger families.
While the property would benefit from modernisation, it presents immense potential for purchasers to refurbish and personalise to their own taste, creating a truly impressive residence whilst retaining its period charm and character.
Ideally positioned, the property is within easy reach of a wide range of local amenities, highly regarded schools, and excellent transport links, providing convenient access to Stratford, the City, Canary Wharf, and beyond.
Offered to the market chain free, this is a rare opportunity to acquire a sizeable period home in a prime E7 location with outstanding scope to add value.
Early viewing is highly recommended to appreciate the size, potential, and location on offer.
This property is for sale by the Modern Method of Auction. Should you
view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction
within 56 days of the draft contract for sale being received by the buyers
solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation
Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable
consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an
identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The
documents may not tell you everything you need to know about the property, so you are required to complete your
own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are
also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation
cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
"Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead."
