Tenanted three bedroom apartment producing £45,500 per annum
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.
*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