A Freehold Semi Detached Building Arranged to Provide Four Self-Contained Flats ( 2 x One Bedroom and 2 x Studios). Fully Let Producing £60,000 Per Annum. Potential for Loft Conversion (Subject to Obtaining all Relevant Consents).
The property comprises a semi-detached building arranged to provide 2 x one bedroom flats and 2 x studio flats on ground and first floors.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Park Royal Playground are within easy reach. Transport links are provided by Hanger Lane and Park Royal underground stations (Central & Piccadilly lines).
Exterior
The property benefits from off street parking for two vehicles and a rear garden.
Tenancy
Each flat is subject to an Assured Shorthold Tenancy at a combined rent of £5,000 per calendar month.
Current Rent Reserved
Current Rent Reserved £60,000 per annum
We understand that the property was converted into flats without the correct planning permission however they were converted in 2017 and have separate council tax therefore may qualify for established use
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.