84B Staines Road
Ref: Lot 11
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Unconditional Lot
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) 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). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
84B Staines Road, Hounslow, Middlesex, TW3 3LF
Tenanted Investment Opportunity
Description
Town and Country Property Auctions are pleased to offer this 2nd floor 2 bedroom flat available for sale, just a stones throw from Hounslow Town Centre.
The property is currently let on an Assured Shorthold Tenancy Agreement at £1600 pcm / £19,200 per annum.
Comprising two spacious double bedrooms, reception room, a fitted bathroom plus further en-suite bathroom.
The property is located within close proximity to Hounslow High Street, Hounslow Central Tube, British Rail, and Heathrow Airport and boasts good transport connections to A4, M4, and M3.
Ideal for investment, the approximate ROI return on investment is around 9.1%, based on this guide price.
Leasehold Information:
Length of lease - 29th September 2024 to 28th September 2262. (238 years remaining).
For ground rent and service charges please refer to the legal pack.
EPC
C
Tenure
Leasehold
For sale by online auction on 27 December 2024
Bidding opens at 10:00am and closes from 12:00 noon
Investment opportunity
2nd floor flat
Let at £1600 pcm/£19,200 pa
Two double bedrooms, one with ensuite
Close proximity to Hounslow town centre
Good transport links
Buyers Premium
Plus Fees
Tenanted Investment Opportunity
Disclaimers
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.
Bidding Security Deposit:
In order to bid, you are required to provide a bidding deposit of £2500 for each lot you wish to bid on, via the registration process.
A ‘hold’ is placed on this amount.
If your bid is successful on auction day, this amount will taken from your account and is included as part of your deposit payment for your property purchase.
If your bid is unsuccessful, the ‘hold’ is automatically removed and the funds are immediately released. The speed at which the funds will be back in your account will depend on your bank or building society.
Please note that bidding for a property is FREE. The bidding deposit forms part of your property purchase deposit and is therefore only taken from your account if successful.
Council Tax Band
A
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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- Bidding via committed offer is simple
- Bid for free - No bidders security deposit needed, just register for auction passport
- Online bidding process runs to advertised end date
- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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