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Description
- To Be Sold via Secure Sale (Auction)
- Freehold Sold with Associated Leaseholds
- Close to Hanger Lane and Park Royal Stations
- Strong Rental Location with High Demand
- Private Parking Space for Each Flat
- Fully Let, Generating Approx. £64.2k Per Annum
- Semi-Detached Property with Three Self-Contained 2-Bed Flats
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £760,000
This property will be legally prepared, enabling an interested buyer to secure the purchase immediately once their bid/offer has been accepted. The process is transparent and designed to provide speed, security and certainty for all parties.
Fully Let Freehold & Leasehold Investment Opportunity in Beechwood Gardens
Presenting an outstanding Investment Portfolio opportunity with a Residential Portfolio situated in the heart of London. This prime asset boasts an EPC rating of C & D, representing an overall good energy efficiency, balancing both environmental impact and energy costs.
A great semi-detached house consisting of 3 separate leasehold apartments, all with 2 bedrooms. The apartments are fully tenanted currently and the property is obtaining around £64k per annum of rental income currently. Each apartment has 1 private parking space also.
The Portfolio is fantastically located just moments away from both Hanger Lane and Park Royal tube stations.
London, being a powerhouse of both domestic and international commerce, ensures unparalleled market prices for this attractive residential portfolio. Alongside the allure of the cosmopolitan lifestyle, tenants will also be in close proximity to a variety of other local conveniences and amenities.
Owing to its location, EPC rating, and potential for multiple investment avenues, this residential portfolio stands out as a prime opportunity for savvy investors. Whether you're looking to expand your portfolio in the London market, or seeking an entry point into this thriving property environment, this sale opens up fantastic potential for robust and diversified returns.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 4.5% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Material Information
- Local Authority: Ealing Council
- Ground Rent Period: Month
- Service Charge Period: Month
- Is Loft Boarded: No
- Parking: Parking Space Type - Off Street
- Parking: Capacity - 3
- All Others: Ask Agent
Floorplan
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