Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
CENTRE TERRACED THREE BEDROOM HOUSE WITH HMO LICENCE AND GUARANTEED RENTAL INCOME.

Lot 23

9 Lancaster Road, Southall, Middlesex UB1 1NP

Photo of 9 Lancaster Road, Southall, Middlesex UB1 1NP
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CENTRE TERRACED THREE BEDROOM HOUSE WITH HMO LICENCE AND GUARANTEED RENTAL INCOME.

Lot 23

This three bedroom centre terraced house with two receptionrooms benefits from an HMO license and is currently let on aguaranteed rent scheme to London Borough of Hillingdon fora five year period from 2006. The property is producing1100 pcm (13200 pa) and is sold with the benefit of thisinvestment income. The property has front and rear gardensand also benefits from gas fired central heating. LancasterRoad is situated off Southall Broadway, close to all of thelocal amenities.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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