For sale by Modern Method of Auction; Starting Bid Price £100,000 plus Reservation Fee.

• For Sale by Auction – T & C's apply
• Subject to an undisclosed Reserve Price
• Reservation Fee applicable
• The Modern Method of Auction

The land is a Freehold Plot (Circa 0.12 Acres) and is located in a popular residential housing area fronting Riverdale Road with the river shuttle to rear. Originally the plots were rear gardens. The land being sold has been merged and is now fenced into a separate plot. There is future potential for various development, subject to all necessary consents. Purchasers considering further development potential are deemed to rely on their own enquiries.

Auctioneer's Comments    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. 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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.

Auctioneer's Comments    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 £300.00 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.

Referral Arrangements    The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Location    Bexley is the suburban area that is now the main town centre of the borough, rather than Old Bexley. The village offers many facilities including local shops, pubs, restaurants, parks, woods and open spaces within easy reach and is located on the banks of the River Cray south of the Roman Road, Watling Street. There are two parts to the town - Old Bexley, still with the appearance of a village (and often referred to locally as "Bexley Village"), and more recent suburban sprawl that blends into the surroundings (including Albany Park, Lamorbey, Bladindon, Blendon and Bexleyheath). There is a mainline railway station with regular services to London and road links giving access to A2/M2, A20/M20, M25 and Dartford Tunnel as well as the Bluewater Shopping Complex and Ebbsfleet International station.

Directions    Exit the A2 at the Holiday Inn juction and take exit off roundabout into Bourne Road. Continue to next roundabout and bear right into Bexley High Street. Follow road through the village and continue into Bridgen Road, turn right into Riverdale Road where the plots can be found on the right hand side behind No's 55 & 57.

Transport Information    Train Stations:
Bexley 0.6 miles
Albany Park 0.7 miles
Bexleyheath 1.3 miles
The property is also within easy reach of Ebbsfleet Eurostar International Station.

The distances calculated are as the crow flies.

Local Schools    Primary Schools:
Old Bexley Church of England School 0.3 miles
Upton Primary School 0.4 miles
Hurst Primary School 0.4 miles
Royal Park Primary Academy 1 mile
Gravel Hill Primary School 1 mile

Secondary Schools:
Townley Grammar School 0.4 miles
Beths Grammar School 0.6 miles
St Columba's Catholic Boys' School 1 mile
Hurstmere School 1 mile
St Catherine's Catholic School 1.1 miles
Blackfen School for Girls 1.1 miles
Bexleyheath Academy 1.1 miles

Information sourced from Rightmove (findaschool). Please check with the local authority as to catchment areas and intake criteria.

Tenure    The vendor confirms to us that the land is freehold. Should you proceed with the purchase of the land your solicitor must verify these details.

Opening Hours    Monday to Friday 9.00 am – 6.30 pm
Saturday 9.00 am – 6.00 pm

Ref    DA/CB/DH/230314 - DAR230032/D1



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