Lot 46
    Block of Apartments
    12 Rossall Crescent
    Park Royal, London, NW10 7HD
    Please refer to auctioneer for more information
     
    Number 1
    A Freehold Semi Detached Building Arranged to Provide Four Self-Contained Flats ( 2 x One Bedroom and 2 x Studios). Fully Let Producing £60,000 Per Annum. Potential for Loft Conversion (Subject to Obtaining all Relevant Consents).

    Description

    The property comprises a semi-detached building arranged to provide 2 x one bedroom flats and 2 x studio flats on ground and first floors.

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Park Royal Playground are within easy reach. Transport links are provided by Hanger Lane and Park Royal underground stations (Central & Piccadilly lines).

    Exterior

    The property benefits from off street parking for two vehicles and a rear garden.

    Tenancy

    Each flat is subject to an Assured Shorthold Tenancy at a combined rent of £5,000 per calendar month.

    Current Rent Reserved

    Current Rent Reserved £60,000 per annum

    Note

    We understand that the property was converted into flats without the correct planning permission however they were converted in 2017 and have separate council tax therefore may qualify for established use

    Addendum

    We understand that the property was converted into flats without the correct planning permission however they were converted in 2017 and have separate council tax therefore may qualify for established use

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Flat 1 First Studio AST £13,200 pa
    Flat 2 First Studio AST £13,200 pa
    Flat 3 Ground One Bedroom Flat AST £14,400 pa
    Flat 4 Ground Large One Bedroom with Private Garden AST £19,200 pa
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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