Online auction date: 24 May 2022. Bidding opens at 11:00am and closes at 12:00noon. By AUCTION PROPERTY LONDON -www.auctionproperty.co.uk
Terrace property arranged as five self-contained studio flats
We are pleased to offer to the market this end terrace property currently arranged as five self-contained studio flats over two floors let on a nightly basis, well located for the amenities and transport links of North Wembley, with development potential subject to requisite consents. Investment let at £105,120 per annum*.
AR graded by Setting the Standard (STS) Temporary Accommodation Inspections Service
*Rental figure is based upon actual achieved level for 12 months up to 30th September
Ground Floor - Three Studio Rooms with En Suites, Kitchen
First Floor - Two Studio Rooms with En Suites
Located on Llanover Road accessed off East Lane
The property is located on a well established residential road
Convenient for the amenities of North Wembley
Recreational amenities of King Edward VII Park and Northwick Park are both easily accessible
EPC Rating D
Exchange and administration fee information: (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £1200 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.