No longer on the market
This property is no longer on the market
Map
Area stats12 bedroom block of apartments
Auction
Block of apartments
12 beds
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- A Freehold Investment Opportunity Comprising Seven Self Contained Flats (5 x Two Bedroom and 2 x One Bedroom) Fully Let on a Guarenteed Rent Agreement Producing £79,200 Per Annum. The...
Please refer to auctioneer for more informationGuide Price = £1,100,000+
*For Sale By Online PublicAuction 7th December 2022 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Freehold Investment Opportunity Comprising Seven Self Contained Flats (5 x Two Bedroom and 2 x One Bedroom) Fully Let on a Guarenteed Rent Agreement Producing £79,200 Per Annum. The Remaining Commercial and Residential Units have been Sold Off on Long Leases.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Knutsford Playing Fields are within easy reach. Transport links are provided by Watford underground station (Metropolitan line) and Watford Junction rail and overground stations.
Description
The property comprises a substantial corner building arranged to provide seven self-contained flats arranged over the first, second and third floors. Additionally the lot includes two ground floor shops, first floor offices and five second floor flats all sold off on long leases at peppercorn ground rents.
Exterior
The property has an underground car park and a forecourt to the rear (sold off).Note
We understand from the vendor that Section 20 notices have been served on the leaseholders for repairs on the building. Buyers should refer to the legal pack for more information.
Note
Further Information
The seven flats that are rented out on a guaranteed rent scheme are held under seven separate leasehold titles. The rest of building is under one freehold title.
Planning
Viewing Schedule (No Booking Required)
Monday 28 November 2022 10:45 AM - 11:15
Tuesday 6 December 2022 10:45 AM - 11:15
Friday 2 December 2022 10:45 AM - 11:15
*For Sale By Online PublicAuction 7th December 2022 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Freehold Investment Opportunity Comprising Seven Self Contained Flats (5 x Two Bedroom and 2 x One Bedroom) Fully Let on a Guarenteed Rent Agreement Producing £79,200 Per Annum. The Remaining Commercial and Residential Units have been Sold Off on Long Leases.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Knutsford Playing Fields are within easy reach. Transport links are provided by Watford underground station (Metropolitan line) and Watford Junction rail and overground stations.
Description
The property comprises a substantial corner building arranged to provide seven self-contained flats arranged over the first, second and third floors. Additionally the lot includes two ground floor shops, first floor offices and five second floor flats all sold off on long leases at peppercorn ground rents.
Exterior
The property has an underground car park and a forecourt to the rear (sold off).Note
We understand from the vendor that Section 20 notices have been served on the leaseholders for repairs on the building. Buyers should refer to the legal pack for more information.
Note
Further Information
The seven flats that are rented out on a guaranteed rent scheme are held under seven separate leasehold titles. The rest of building is under one freehold title.
Planning
Viewing Schedule (No Booking Required)
Monday 28 November 2022 10:45 AM - 11:15
Tuesday 6 December 2022 10:45 AM - 11:15
Friday 2 December 2022 10:45 AM - 11:15
Area statistics
Crime score
Moderate crime
6/10
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.