- 1 Bedrooom Flat
- Ground Floor
- Excellent Condition
- 89 Year Lease Remaining
- Close To Heathrow Airport
- Sold With Tenant In Situ - £15,600
- 12% Gross Yield
- Service Charge - £1,500 Per Annum
- Ground Rent - £450.00 Per Annum
- EPC:D
A fantastic investment opportunity to purchase this well-presented one-bedroom ground-floor flat in Hayes, conveniently located close to Heathrow Airport. The property is offered for sale via traditional auction.
The property is in excellent condition and comprises a separate bedroom, a separate bathroom and an open-plan kitchen and living area, providing a practical and comfortable living space.
The property is being sold with the tenant in situ, currently paying £1,300 per calendar month, generating an annual rental income of £15,600 which represents an attractive gross rental yield of approximately 12%, making it an excellent opportunity for investors looking to acquire an income-producing property in a convenient location close to Heathrow Airport.
Viewings are highly recommended to fully appreciate the condition and investment potential this property has to offer.
For further information or to arrange a viewing, please get in touch.
NOTE FOR BUYERS:
Traditional Online Auction Information:
Please note: this property is for sale by Traditional Online Auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £3,000 (incl. VAT) which will be charged immediately online.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS.COM/AUCTIONS
| Tenure: | Leasehold |
|---|---|
| Lease Years Remaining: | 89 |
| Ground Rent: | £450 per year |
| Service Charge: | £1,500 per year |
| Tax Band | % | Taxable Sum | Tax |
|---|
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