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Unconditional Lot

Lot 7 - Westbourne Terrace

Guide Price*

£1,650,000 Plus fees

  • Westbourne Terrace, London, W2 6QT

Tenanted three bedroom apartment producing £45,500 per annum

Features

A self-contained three bedroom apartment in a Grade II Listed stucco fronted terrace, at first floor with a mezzanine level to the rear. The front reception room still benefits from an impressive full height ceiling, with the rear of the property split over two levels.

The property also benefits from a balcony, unallocated parking and a lift to the building.

Let on an Assured Shorthold Tenancy Agreement from 17th October 2019 to 16th October 2020 for £45,500 per annum (£3,791.67 per month) producing a yield of 2.75% based on this guide price.

The property is located in the prime central London location of Bayswater, west London within the City of Westminster.

Transport connections are excellent; Paddington London Underground station (Bakerloo, Central, Hammersmith and City, District and Circle lines) and main line railway terminus (also providing direct high speed connections to London Heathrow Airport) is located approximately 100 metres to the east. Westbourne Grove (A4206) a short distance to the west provides a number of local amenities. Bayswater Road (A402) connects to the motorway network (M40 and M25) for routes west and London Heathrow Airport and east to London’s West End and City areas. Local shopping and restaurants are available in the immediate vicinity, but more extensive and high quality amenities can be found in Notting Hill Gate, Queensway (Whiteleys) and Oxford Street/Marble Arch.

EPC - see legal pack

Length of lease: 999 years from 1 January 2000

Ground Rent: please see legal pack

Service Charge: please see legal pack

Leasehold with Share of Freehold

Online auction date: 30th September 2020 at 12:30pm.

All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.

Bidding is also available by way of telephone and proxy.

Please note that wherever possible viewings will be by virtual tour. Any viewings that we do conduct in person will follow current Government guidelines.

For further information please contact our auction team on 02030 111499.

Additional Information

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Westbourne Terrace, London, W2 6QT

Floorplans

Floorplan

For Sale at our Past Auction

30th September 2020

  • Online Auction
  • Started at 12:30pm

To enquire or view, please contact

London

  • 63-66 Hatton Garden, London, EC1N 8LE
  • london@townandcountrypropertyauctions.co.uk
  • 02030 111499

View Contact Details

Auction Finance

Unconditional Lot

UNCONDITIONAL LOT Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.

Full Terms & Conditions