Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to 60 Stradbroke Drive, Chigwell, a cozy and compact detached type home with 5 bed in the IG7 5QZ area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band G.
This classic property was built
in a neighborhood known for its allure and prestige.
This home stands out for its value and character -
with a market valuation of £2,350,166 and a rental potential of £15,276 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Jan 7, 2021. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
"
FOR SALE BY CONDITIONAL AUCTIONin partnership with SDL Auctions
Undoubtedly, Stradbroke Drive is the finest and most envious road
in Chigwell.Offered via online auction is this FIVE bedroom
detached residence This home is brought into the market for the
first time in over 65 years.The property requires modernisation
throughout and offers the ultimate buyer the decision to totally
renovate or the opportunity to create their own home with the huge
potential of extending subject to the usual planning consent.
Additional to the location, further benefits include four
receptions and two bathrooms.Externally the rear garden is private
with mature trees and shrubs. There is off-street parking for
several vehicles which leads to an integral double garage.The
property is ideally located for local amenities including a Central
Line tube station, several well regarded state and private schools,
various leisure facilities and M11 & M25 junctions are within easy
reach.Please call our dedicated Sales Team on 020 8500 0995 to
arrange a viewing.Auction Method:The auction for this property will
be conducted online through our online-bidding platform. This is a
-Timed Auction-, so there are no other lots being sold alongside
this property.The timeslot for the auction is displayed on SDL
Auctions- website. To view this, search for the property via their
website, then click onto the property to view the property details.
The time remaining to bid, and end date of the auction, is
displayed on the page. You are required to undertake identity
checks before you can be authorised to bid. You must also provide
your payment details. If you do not provide this information, your
registration will not be processed.When you place your bid, you are
deemed to have agreed to SDL Auctions- Buyers Terms (England &
Wales) which are available to read on SDL Auctions- website.Auction
type- Conditional with Reservation FeeIf you are the highest bidder
when the auction for the property comes to an end, you will enter
into a reservation agreement with the seller. You must then pay the
applicable reservation fee. You will then have 40 business days
within which to exchange contracts and complete the sale, unless
the Special Conditions of Sale contained within the Legal Pack
specify a different time limit. If you fail to do so, you may lose
your reservation fee. During the 40-business day reservation
period, the seller is not able to accept other offers. Auction
FeesThe following non-refundable fees apply:- Reservation Fee-
payable immediately when the auction ends. This is calculated as a
percentage of the actual purchase price of the property. Either:(a)
4.8% (including VAT) of the purchase price, for properties up to
and including £250,000(b) 3.6% (including VAT) of the purchase
price for properties sold for over £250,000The Reservation Fee is
subject always to a minimum of £6,000 (including VAT). The
Reservation Fee does not contribute to the purchase price.There may
be additional fees listed in the Special Conditions of Sale, which
will be available to view within the Legal Pack. You must read the
Special Conditions carefully before bidding. Any additional fees
are included at the seller-s discretion, not on the instruction of
SDL Auctions, and will be in addition to any fees payable to us.
SDL Auctions has limited control over the content of the Special
Conditions of Sale. DepositThis property is listed under the
Conditional with Reservation Fee sale method, therefore the deposit
will be payable on exchange of contracts and executed via the
solicitors. The amount to be paid will be listed in the Special
Conditions of Sale. Payment Method:When you register to bid, you
will be prompted to provide your payment details to SDL Auctions.
In the event that you are the winning bidder, your card will
automatically be charged a proportion of the Reservation Fee. The
payment will be calculated based on the guide price of the
property, in line with the fee scale described above. Where the
actual purchase price is higher than the guide price, you will be
required to pay the difference immediately after the end of the
auction, which can be paid by debit card or bank transfer. Payment
by cash or cheque will not be accepted.Example: You win the bid on
a property with a guide price of £150,000, but the actual purchase
price is £170,000. At this point your bid is successful you will be
charged as follows:- Reservation fee of £7,200 - calculated as 4.8%
of guide price- this will be charged immediately after the auction
if you are the winning bidder. As the actual purchase price
amounted to £170,000, after the auction, you will be required to
pay the following additional amounts on top of the initial
payment:- £960 for Reservation Fee shortfall (£8160 due as 4.8% of
actual purchase price)Legal PackBefore bidding, you must view the
legal pack for the property. This is the collection of legal
documents that apply to the sale. The documents will include but
are not limited to: Special Conditions of Sale, title documents
from the Land Registry and Energy Performance Certificate. To view
the legal pack, first search for the property on SDL Auctions-
website, and click onto the property to view the property details.
There will be a sub-heading -Legal Documents-. Underneath this, you
will be prompted to -Log in to view the legal documents-. Follow
this link, you will then be directed to create an account with
Auction Passport to view the documents. The legal pack can change
at any time up until the auction starts so you must check for the
most recent version of the legal pack. At the point of placing your
bid, you are deemed to have read the legal pack in its entirety,
including any changes. Failure to check for changes to the legal
pack will not be a valid reason for withdrawing from the sale.It is
strongly recommended that you instruct a qualified professional to
review the legal pack and raise any necessary enquiries before
bidding.Special Conditions of SaleThe property is sold subject to
any Special Conditions of Sale. These are contractual conditions
that are included by the seller of the property - they are not part
of SDL Auctions- terms and conditions. The Special Conditions of
Sale are legally binding. You are taken to have read and accepted
these at the point of bidding, even if you have not done so. The
Special Conditions of Sale are available to read in the legal pack.
Registration Process: To register to bid on the property, search
for the lot on SDL Auctions- website. Click onto the property,
follow the link to -Log in/register to bid-, and you will then be
directed to create an account with the online-bidding platform
provider, EIG.
"
Tax band G
910 sqm plot
