Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
 

Lot 1

84-86 Staines Road, Hounslow, Middlesex

Photo of 84-86 Staines Road, Hounslow, Middlesex
Photo of 84-86 Staines Road, Hounslow, Middlesex
Photo of 84-86 Staines Road, Hounslow, Middlesex
Photo of 84-86 Staines Road, Hounslow, Middlesex
Sold for £22,000

MAP

 

Lot 1

This headlease ground rent investment consists of 6 self-contained flats situated above a Weatherspoon public house on the edge of Hounslow Town Centre. The area is well served by transport and road links. We understand that the flats offer mainly one or two bedroom accomodation. All of the leases were granted for initial periods of 99 years with current ground rents of £125 pa rising to £500. The investment is sold with the benefit of this on-going income.

Tenancy Details

84a: 99 years from 25th March 1991
84b: 99 years from 25th March 1991
86a: 99 years from 25th March 1991
86b: 99 years from 25th March 1991
88a: 99 years from 24th June 1996
88b: 99 years from 10th April 1997

Tenure

Leasehold

Viewing Times

External inspection only.

Local Authority & Tax Rating

London Borough of Hounslow 020 8583 2000
Council Tax Bands: Flats at 84 & 86: A Flats at 88: B

Enquiry Form

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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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