Lot 1 - Flat 3, 355 Station Road, Harrow, Middlesex, HA1 2AW
- Unconditional Online Auction Sale
- Guide Price* : £320,000 plus
- Residential investment
- Rent £2,350 per month equivalent to a gross annual equivalent income of £28,200
- Modern two double bedroom penthouse flat
- Under floor heating and air flow system
- Balcony
- Convenient Location
On Behalf of the Fixed Charge Receivers: Residential investment comprising a two bedroom apartment let at an annual equivalent rent of £28,200
Description
The property comprises an apartment that extends to approximately 94 sq. m (1,012 sq. ft) with a modern feel, benefiting from double glazing, balcony, underfloor heating, air flow system and fitted appliances. The accommodation provided is two double bedrooms, a large open plan kitchen/diner/Lounge that runs the whole length of the unit, a main bathroom and an ensuite shower shower room to one of the bedrooms. It will be sold with tenants in situ who are paying a monthly rent of at £2,350 per month equivalent to a gross annual equivalent income of £28,200.
Location
Situated within Harrow town centre, at the junction of Station Road and College Road. The location is convenient for the town centre retail, leisure, bar and restaurant facilities as well as being very close to Harrow on the Hill railway station, which access to the underground on the Metropolitan line and commuter National Rail services on the London–Aylesbury line.
Tenure
Leasehold for 999 years from 19th August 2015 at a ground rent of £250 per annum (no reviews) and a service charge of £1,402.50 per annum.
Accommodation
Hallway, Two Double Bedrooms, One Bathroom and One Ensuite Shower Room, Kitchen/Diner/Lounge and Balcony.
Tenancies
Let on a 12 month AST from 16th February 2024 at £2,350 per month .
EPC
Energy Asset Rating is C.
Lease Start Date
19/08/2015
Lease Duration
999 years (990 years unexpired)
Annual Ground Rent
£250
Annual Service Charge
£1,402
Buyers Administration Fee
There will be a Buyer's Administration Fee of £7,200 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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