Online auction date: 30th September 2020 at 12:30pm. By TOWN AND COUNTRY PROPERTY AUCTIONS LONDON -https://www.townandcountrypropertyauctions.co.uk/london/
All bidders must register beforehand. Please visit our website for further details.
Tenanted three bedroom apartment producing £45,500 per annum
A self-contained three bedroom apartment in a Grade II Listed stucco fronted terrace, at first floor with a mezzanine level to the rear. The front reception room still benefits from an impressive full height ceiling, with the rear of the property split over two levels.
The property also benefits from a balcony, unallocated parking and a lift to the building.
Let on an Assured Shorthold Tenancy Agreement from 17th October 2019 to 16th October 2020 for £45,500 per annum (£3,791.67 per month) producing a yield of 2.75% based on this guide price.
The property is located in the prime central London location of Bayswater, west London within the City of Westminster.
Transport connections are excellent; Paddington London Underground station (Bakerloo, Central, Hammersmith and City, District and Circle lines) and main line railway terminus (also providing direct high speed connections to London Heathrow Airport) is located approximately 100 metres to the east. Westbourne Grove (A4206) a short distance to the west provides a number of local amenities. Bayswater Road (A402) connects to the motorway network (M40 and M25) for routes west and London Heathrow Airport and east to London’s West End and City areas. Local shopping and restaurants are available in the immediate vicinity, but more extensive and high quality amenities can be found in Notting Hill Gate, Queensway (Whiteleys) and Oxford Street/Marble Arch.
EPC - see legal pack
Length of lease: 999 years from 1 January 2000
Ground Rent: please see legal pack
Service Charge: please see legal pack
Leasehold with Share of Freehold
Online auction date: 30th September 2020 at 12:30pm.
All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.
Bidding is also available by way of telephone and proxy.
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For further information please contact our auction team on 02030 111499.