Map1 bedroom property for sale
Key information
Features and description
- Four self contained apartments
- Rental income circa £4645 per month
- Fully let
- Close to Isleworth railway station with links into London Waterloo
- Potential for further development or modernisation (STPP)
Freehold investment or development opportunity, made up of four self contained apartments, comprising of 1 x studio flat, 1 x one bedroom flat, 1 x two bedroom flat and 1 x three bedroom flat. Currently let out on AST agreements, potential for further development, or immediate rental returns. Situated within close proximity to Isleworth station, the A4, Heathrow airport, local buses & amenities.
This is an excellent freehold investment or development opportunity available for sale.
Situated on a quiet residential street, just off the main London Road, close to Isleworth railway station & within easy access to Hounslow bus station.
All four units are currently let out on AST agreements to long standing tenants and this is a great opportunity for a buy to let investor looking for immediate returns, or a developer looking to add value and further develop an existing plot.
Comprising of four self contained apartments, features include;
-A self contained studio apartment with a large private garden on the ground floor
-A three bedroom self contained apartment with a small private patio garden on the ground floor
-A self contained two bedroom first floor apartment
-A self contained one bedroom second floor loft apartment
-Freehold site
-Each unit is individually let out to long standing tenants
-Potential for further development or modernisation
-Close proximity to local shops, buses, parks, schools, colleges and amenities
-Quiet residential street
-Close to Isleworth railway station with links into London Waterloo
-Easy access to Hounslow bus station, Hounslow east tube station & Osterley tube station
-Sold with tenants in situ
Current total rental income circa £4645 per month, providing a yield of approximately 7.9% based on the guide price, provides an amazing investment opportunity
Please note we have not inspected the property.
Rooms
Location
Situated on a quiet residential street, within close proximity to Isleworth station, the A4, Heathrow airport, local buses & amenities. Close to local shops, buses, parks, schools, colleges and amenities. Easy access to Hounslow bus station, Hounslow east tube station & Osterley tube station.
Accommodation
-A self contained studio apartment with a large private garden on the ground floor
-A three bedroom self contained apartment with a small private patio garden on the ground floor
-A self contained two bedroom first floor apartment
-A self contained one bedroom second floor loft apartment
Tenure
Freehold, title number MX129545
EPC
Garden flat - Rating C
Ground floor Flat - Rating D
Flat 2 - Rating D
Flat 3 - Rating E
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
Auctioneers Additional Comments
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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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