5 Bed Block Of Apartments House For Sale Cardinal Way, Harrow, HA3

Guide Price £800,000 Plus Fees\r
For sale by unconditional online auction, registration is now open. Bidding opens on 30/05/2024 10:00 and ends on 30/05/2024 14:00.\r
\r
For sale by online auction on 30th May 2024\r
Bidding opens at 10:00am and closes from 12:00 noon\r
Freehold Block \r
3 flats - all tenanted\r
2 x 2 Beds \r
1 x 1 Bed\r
£4,450 pcm combined monthly rental income\r
Investment opportunity \r
\r
\r
Town & Country Property Auctions are pleased to present this rare opportunity to acquire a freehold block of flats. The block consists of 3 units, 2 x 2 bedroom and a 1 bedroom. The owner refurbished the property a couple of years ago and the property benefits from allocated parking. \r
\r
All 3 flats are tenanted at monthly rentals of £1,550 for each 2 bed and £1,350 for the 1 bed, totalling £4450 pcm/£53,400 per annum.\r
\r
The accommodation for the 2 beds comprises: entrance hall, open plan kitchen living room, bathroom and two bedrooms. The 1 bedroom flat comprises: entrance hall, open plan kitchen living room and bathroom. \r
\r
The property is 0.2 miles away Harrow & Wealdstone station (Bakerloo, Over Ground West Midland, Southern lines).\r
\r
Local Authority: Harrow\r
Council Tax Band C for all 3 flats.\r
\r
Disclaimer:\r
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.\r
\r
\r
\r
\r
\r
Tenure\r
Freehold\r
\r
Terms\r
\r
Legal Pack\r
\r
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk \r
\r
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)\r
Buyers Administration 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 Buyers Administration Fee of £1200 + 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 the legal pack or on the sales details).\r
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.\r
\r
\r
Registration Process\r
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.\r
\r
\r