Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
THIS INTERESTING INVESTMENT AND DEVELOPMENT OPPORTUNITY IS BEING OFFERED AS INDIVIDUAL LOTS ALTHOUGH THE AUCTIONEERS RESERVE THE RIGHT TO SELL AS ONE COMBINED PURCHASE.

Lot 20

8b The Quadrant, Little Ealing Lane, London W5 4EE

Photo of 8b The Quadrant, Little Ealing Lane, London W5 4EE
Withdrawn Prior

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THIS INTERESTING INVESTMENT AND DEVELOPMENT OPPORTUNITY IS BEING OFFERED AS INDIVIDUAL LOTS ALTHOUGH THE AUCTIONEERS RESERVE THE RIGHT TO SELL AS ONE COMBINED PURCHASE.

Lot 20

No 8a The Quadrant consists of a three bedroom residential flat currently let on an Assured Shorthold Tenancy for a 12 month term from 18 September 2010 at a rent of 1400 pcm (16,800 pa). This property also includes the side garage area that has been granted planning permission under Ref PP-2010-4166 to provide a two storey side and rear extension in conjunction with conversion of the existing three bedroom flat into 3 × one bedroom flats and to also provide a ground floor retail unit with class A1 usage. The property is sold with the benefit of this ongoing investment income and the benefit of the planning permission for the development and conversion.

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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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