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12/12/2024

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FREEHOLD BLOCK OF FIVE SPACIOUS LUXURY FLATS WITH GUARANTEED INVESTMENT INCOME

Lot 12

Flats at rear of 30?32 Marlborough Rd, Southall UB2 5LW

Photo of Flats at rear of 30?32 Marlborough Rd, Southall UB2 5LW
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FREEHOLD BLOCK OF FIVE SPACIOUS LUXURY FLATS WITH GUARANTEED INVESTMENT INCOME

Lot 12

This attractive block of flats that we understand was constructed approximately five years ago consists of 5 x spacious one bedroom flats. Each property consists of double glazing, underfloor heating and there is a security entryphone system, aswell as parking and garden areas. The block also holds the benefit of NHBC certificate. All flats are let out on three year guaranteed rent schemes to Euro Housing Ltd at a combined rent of 40800 per annum. We understand the leases are coming up for renewal and the same company wishes to renew for a further three year term at 43380 per annum. The property is sold with the freehold interest to include this investment income.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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