Property Details - Yeading Court, Masefield Lane, Hayes, Middlesex

Photo of Yeading Court, Masefield Lane, Hayes, Middlesex

Sold for £80,000

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Lot 3

This purpose built development consists of 42 units over four blocks with associated garages and grounds. The site is located just off Yeading Lane within easy reach of Hayes Town Centre and the A40 western Avenue that serves Central London, the M40 and the M25 London orbital Motorway. We understand that all flats are held on leases of 999 years from 29 September 1957, thus approximately 935 years unexpired. We are informed that ground rents vary from £8.40 to £200 and the overall income equates to £4716.60 per annum. The sellers inform us that ground rents on some of the flats have been altered by a deed of variation. Full details will be found within the legal pack. There may be further scope for development on the site, subject to obtaining any necessary consent that may be required.

For clarity, and as per Land Registry, the green section outlined on the site plan does NOT form part of the sale.

ACCOMMODATION

Block of 42 self contained flats all held on long leases.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Hillingdon 01895 250111
Council tax - All Flats Band A

VIEWING TIMES

Exterior Viewing Only. Please be couteous to neighbours.

JOINT AUCTIONEERS

Symon Smith & Partners Ltd, 277/281 Oxford Street, London W1C 2DL 020 7495 7020

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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.

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.

Yeading Court, Masefield Lane, Hayes, Middlesex

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