128 Glengall Road

Ref: Lot 1

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Registration Guide

Finance available on this property

Stamp Duty Land Tax Savings

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Town & Country Property Auctions London
Town & Country Property Auctions London

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 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.

Addendum

The current annual rental income is £62,220.

Description

We are delighted to offer to the market this investment opportunity which currently comprises of 5 self contained apartments with separate meters.
Rent reserved at £60,720 all on ASTs.
The property offers development potential, subject to obtaining the necessary planning consents.
Situated within the popular green space of Queen's Park and the many amenities the area has to offer, the property is within walking distance to the many local amenities of Lonsdale Road & Salusbury Road.
Local transport links include Queen’s Park (Bakerloo, Overground- Zone), Brondesbury Park (Overground) and Kilburn (Jubilee).

EPC Ratings C & D - see legal pack

Please note the council tax band is for each self contained unit.

Tenure

See legal pack

For sale by online auction on 31 August 2022
Investment/development opportunity
5 self contained apartments with separate meters.
Rent reserved at £60,720 all on ASTs
Development potential (STPP)
Situated within the popular green space of Queen's Park
Within close proximity of Lonsdale Road & Salusbury Road
Local transport links include Queen’s Park (Bakerloo, Overground- Zone),
Brondesbury Park (Overground) and Kilburn (Jubilee)

Buyers Premium

Plus Fees

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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