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165b Chapter Road, Cricklewood, London NW2 5LJ

TWO BEDROOM FIRST FLOOR FLAT WITH INVESTMENT INCOME

This first floor flat that forms part of a centre terraced dwelling is situated within a popular residential area approximately half a mile from Willesden Underground Station and local shopping facilities. The property offers two bedroom accommodation and is currently let on an Assured Shorthold Tenancy at £1083.33pcm (£12,999.96 pa). We understand that the existing tenant is holding over on the original terms of the Tenancy Agreement. The property is sold with the benefit of this investment income.

Accommodation

Reception room, kitchen, bedroom one, bedroom two, bathroom/WC

Tenure

Leasehold - a new 125 year lease will be granted upon completion with a ground rent of £200 pa.

Local Authority & Tax Rating

London Borough of Brent 020 8937 1234 Council Tax Band: C

Viewing Times

By appointment through the Auctioneers

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.

Additional Fees

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.