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For Sale By Auction | 12 noon, 27 October 2015 | Lot 44

18 Princess Court, Queensway, Bayswater, London, W2 4RB

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*Guide | £290,000+ (plus fees)

  • Terraced House
  • Tenure: Leasehold. The property has approximately 56 years unexpired on the lease.

Call the team on 020 7625 9007 for more information

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Auction Date

Tue 27/10/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

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A Well Located Second Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £15,600 per annum.

The property comprises a second floor studio flat situated within a purpose built block arranged over ground and six upper floors.

Tenure

Leasehold. The property has approximately 56 years unexpired on the lease.

Location

The property is situated in the sought after central London area of Bayswater close to local shops and amenities. The open spaces of Kensington Palace Gardens are within close proximity. Transport links are provided by Bayswater underground station (Circle and Hammersmith and City Lines).

Accommodation

Second Floor Studio Room Kitchen Bathroom with WC and wash basin

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 12th May 2015 at a rent of £1,300 per calendar month.

Current Rent Reserved £15,600 per annum

Viewing Details

Wednesday 7th October 14:00-14:30 Wednesday 14th October 14:00-14:30 Wednesday 21st October 14:00-14:30 Monday 26th October 11:00-11:30

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

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 £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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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 during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.