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9 Little Ealing Lane, Ealing, London W5 4EB

FREEHOLD INVESTMENT PROPERTY ARRANGED AS EIGHT STUDIO FLATS

This terraced dwelling situated in a popular location close to local shops and within walking distance of South ealing Piccadilly Line station is presented in good order throughout and benefits from gas central heating and double glazing. The property is arranged as eight self contained stuido flats and is currently producing an income of £70,800pa although in our opinion, we believe there may be scope to increase this level as it is probably underlet. All flats are self contained with separate council tax ratings and the property will therefore be of interest to investment buyers, as it is sold with the benefit of the ongoing income.

ACCOMMODATION & RENT SCHEDULE

Flat 1 Rent: £950 PCM Term 30/07/2012 TO 29/07/2013 - NOW PERIODIC TENANCY Flat 2 Rent: £ 725 PCM Term 2/02/2012 TO 01/02/2014 - NOW PERIODIC TENANCY FLAT 3 - LAUNDRY ROOM Flat 4 Rent: £ 725 PCM Term 2/02/2012 TO 01/02/2014 - NOW PERIODIC TENANCY Flat 5 Rent: £650 PCM Term 22/01/2012 TO 21/01/2014 - NOW PERIODIC TENANCY Flat 6 Rent: £950 PCM Term 30/07/2012 TO 29/07/2013 - NOW PERIODIC TENANCY Flat 7 Rent: £700 Term 02/02/2012 01/02/2012 - NOW PERIODIC TENANCY Flat 8 Rent: £600 PCM Term 02/02/2012 TO 01/02/2014 - NOW PERIODIC TENANCY Flat 9 Rent: £ 600 PCM Term 9/03/2012 TO 08/03/2014 - NOW PERIODIC TENANCY

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Ealing 020 8825 5000 Council Tax All Flats Band A

VIEWING TIMES

By appointment through the Auctioneers

JOINT AGENTS

Dalingtons - Auction & Investments 149 South Ealing Road, Ealing, London W5 4QP 020 7183 3637

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.