Flat 4 St Georges House, 72-74 St Georges Square, London SW1V 3QU
STUDIO FLAT IN PRIME LONDON LOCATION WITH INVESTMENT INCOME
The property is a studio flat located on the hall floor of a double fronted building that overlooks the picturesque St Georges Square. The property has a security entryphone system, lift access and communal central heating. The windows are double glazed and the flat is in generally good order throughout. The property is let on an Assured Shorthold Tenancy from 25/9/17 to 24/9/20 at £1625 pcm (£19,500 pa) and is sold with the benefit of the investment income. The property is situated in a prime London location within a quarter of a mile of Pimlico Victoria Line Station that is one stop away from London Victoria with its main line and coach station connections. The property is situated off Lupin Street that connects to A3212 Grosvenor Road. The River Thames is a short stroll to the south that can be crossed by the bridges at Chelsea and Vauxhall. This is a prime London location that is well served by bus connections and road links. The property will be of interest to investment buyers.
Open Plan Entrance/Studio and Sleeping Area, Kitchen, Bathroom.
Leasehold. We understand that the lease has approximately 32 years unexpired. PLEASE NOTE THAT THE SELLER SHALL SERVE THE SECTION 42 NOTICE TO BE ASSIGNED TO THE BUYER.
LOCAL AUTHORITY & TAX RATING
Westminster City Council 0207 641 6000 Council Tax Band D
By appointment through the Auctioneers
*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.
Please note that the following additional fees will apply to the purchase of your property:
1. Buyers Premium of £600 inclusive of VAT
2. 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.
3. Stamp Duty - rates easily available on-line
4. Your solicitor fees and any survey fees
5. Insurance - it is your responsibility from the date of exchange to insure the property purchased.