This property has been taken off the market.

1 Bed Flat For Sale Marlow Road, Southall, UB2

£310,000- Flat

Auction Property
1 of 1
  • Description
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 14th May 2024

Description

This centre terraced house is situated on the southern end of Southall within walking distance of the main line station serving the Elizabeth Line and within close proximity of Norwood Green. Good road links are easily accessible including the M4 that connects to Central London, the M25 London Orbital Motorway, Heathrow London Airport and the West. The A40 connecting London to the M40 and the Midlands is also within easy reach. This property is converted into 2 x 1 bedroom flats with the ground floor having a rear garden. The properties are in need of updating and modernisation throughout. The properties are currently let on assured shorthold tenancies and we understand the tenants are holding over on a historic agreements. The ground floor is let at £750 per calendar month. To our knowledge the last agreement was for a term of 12 months from 30th November 2018 to the 29th November 2019 inclusive. The first floor is also let on the same terms at £750 per calender month. Thus the overall income is £18,000 per annum. The dwelling is sold with the benefit of this income. The property will be of interest to investment buyers.

ACCOMMODATION
Both units contain One Bedroom, Bathroom, Open Plan Kitchen/Lounge.

TENURE
Freehold

LOCAL AUTHORITY & TAX RATING
London Borough of Ealing
Council Tax Band: B
EPC rating: D for both flats

VIEWING TIMES
By appointment through the Auctioneers

JOINT AUCTIONEER
Daniel Paul, 168 Goldhawk Rd, White City, London W12 8HJ

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 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.
Agent Details
Phillip Arnold Auctions
Saunders House, 52-53 The Mall Ealing W5 3TA

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£239,950
Southall, UB2
Flat
7.7
£200,000
Southall, UB2
Flat
7.3
£280,000
Southall, UB2
Flat
7.3
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested