140 Gloucester Place, London, ., NW1 6DT

Nestled in the heart of London, this charming first floor studio flat on Gloucester Place presents an excellent opportunity for those seeking a pied-à-terre in a prime location.

The property boasts a well appointed bedroom, kitchen, shower and a separate wc, making it an ideal space for individuals looking for a comfortable urban retreat.

The flat is conveniently situated within walking distance of both Baker Street and Marylebone Stations, providing easy access to the rest of the city and beyond.

This accessibility is perfect for commuters or anyone who enjoys the vibrant lifestyle that London has to offer.

One of the standout features of this property is that it comes with no onward chain, ensuring a smooth and straightforward purchase process.

With vacant possession, you can move in without delay and start enjoying all that this desirable area has to offer.

Whether you are looking for a stylish city base or a sound investment opportunity, this studio flat on Gloucester Place is not to be missed.

Embrace the chance to own a piece of London in a location that combines convenience with charm.

Council Tax Band: B Tenure: Leasehold Length of Lease: 91 Annual Ground Rent Amount: £100.00 Annual Service Charge Amount: £360.00 Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments   In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.