15 September Court, 1 Dormers Wells Lane, Southall UB1 3HR
TWO BEDROOM FLAT WITH INVESTMENT INCOME
This purpose built second floor flat that benefits from gas central heating and double glazing, is situated within walking distance of Southall Broadway and Southall Main Line Station that connects to London Paddington and the West. Good road links serve the area including the M4 and M25 Motorways. Heathrow London Airport is also easily accessible. The property would benefit from some updating and is currently let on an assured shorthold tenancy at a rent of £1050 pcm (12600pa). It appears that this may be underlet in the current rental market. The tenants are currently holding over on the terms of their original agreement and the property is sold with the benefit of this ongoing income. The property will therefore be of interest to investment purchasers. We are advised that the property does have an allocated parking space and that garages are available to rent seperately subject to availability.
Hall, Bedroom One, Bedroom Two, Kitchen, Living Room, Shower Room.
Leasehold approximately 67 years unexpired Service Charge and Ground Rent approximately £756pa We are advised that the seller is willing to serve notice after exchange for a lease extension and assign to the buyer. Please note this will all be at the buyers cost.
LOCAL AUTHORITY & TAX RATING
London Borough of Ealing 0208 825 5000 Council Tax Band C
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.