3 bedroom duplex

Two / three bedroom duplex apartment

A two / three bedroom duplex apartment with car parking space. Excellent natural light, refurbished and extending to 1221 sq ft .
A welcoming open plan reception room incorporates a modern fully fitted kitchen with breakfast bar & kitchen island, with bright dual aspect vista and easterly views over a cobbled-stone communal area. Views extend towards Wapping’s Rose Gardens.

Flexible living accommodation is offered via two good sized bedrooms each offering extensive storage space and built-in wardrobes. A third bedroom, also with excellent storage, could be used as the perfect study / office. One bedroom has an en-suite and there is a family bathroom and a further shower room.

Bridewell Place is a picturesque development with cobbled pathways and communal grounds in the heart of Wapping with parking and day time porter. The development is set within easy reach of local Riverside amenities and transport links available from Wapping Station

The buyers fee is £2,400 inc VAT

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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 Property 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 Property Auctions’ Buyers Terms (Knight Frank) which are available to read on SDL Property Auctions’ website.

If 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 and deposit. 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.      

The following non-refundable fees apply: 
• Reservation Fee- payable immediately when the auction ends. The value of this fee will be listed against the property details, inclusive of 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 Property Auctions, and will be in addition to any fees payable to us.  SDL Property Auctions has limited control over the content of the Special Conditions of Sale.  

You are required to pay a non-refundable 10% deposit, subject to a minimum of £5,000. The deposit will be payable immediately after the auction and will be held as security by SDL Property Auctions. This will be passed to your solicitor on exchange of contracts. In the event that exchange of contracts does not take place and the sale cannot proceed, the balance of the deposit will be payable to the seller.

When you register to bid, you will be prompted to provide your payment details to SDL Property Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee & deposit.  Where the Reservation Fee is a fixed sum, the exact amount will be charged. Where the Reservation Fee is a percentage, this will be calculated based on the guide price of the property alongside the deposit. 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.  
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000.  The Reservation Fee for the lot is 3% of the final purchase price. At the point your bid is successful you will be charged as follows: 
• Reservation fee of £4,500 – calculated as 3% of guide price- this will be charged immediately after the auction if you are the winning bidder.  
• Deposit of £15,000- calculated as 10% of the 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: 
• £600 for Reservation Fee shortfall (£5,100 due as 3% of actual purchase price) 
• £2,000 for deposit shortfall (£17,000 due as 10% of the actual purchase price)

Before 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 Property 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. 

The 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 Property 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.  

To register to bid on the property, search for the lot on SDL Property 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.