Auction House London

Lot 38

Block of Apartments - Flats / Apartments 

995/995A Oxford Road

Tilehurst, Reading, Berkshire, RG31 6TL

£950,000+

Guide Price (plus fees)

A Detached Building Arranged as Six Self Contained Flats (1 x Four Bed/Four Bath Flat & 5 x Studio Flats) Fully Let Producing a Combined Rent of £97,740 Per Annum.

Description

The property comprises a detached three storey building arranged to provide a ground floor four bedroom all with en-Suite flat (finished to be HMO complaint) and five studio flats arranged over ground and two upper floors. The property has been recently refurbished.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Arthur Newbery Park are within easy reach. Transport links are provided by Tilehurst rail station which is approx. 200 metres (with trains into Paddington within 36 mins).

Accommodation

995 Oxford Road
Ground Floor Flat
Four Bedrooms (Each with En-Suite)
Communal Kitchen

995A Oxford Road
Ground Floor Flat
1 x Studio room with Kitchen area and En-Suite

First Floor Flats
3 x Studio room, with Kitchen area and En-Suite

Second Floor Flat
1 x Studio room, with Kitchen area and En-Suite

Exterior

The property benefits from a communal garden and off street parking forecourt for up to 5 cars.

Tenancy

The property is subject to individual tenancies at a combined rent of £8,145 per calendar month. Please refer to the legal pack for a the full tenancy schedule.

Current Rent Reserved

Current Combined Rent Reserved £97,740 per annum

Additional Fees and Disclaimer

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.

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 the 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.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

Download Legal PackEnquire NowFinance AvailableStamp Duty CalculatorRegister to Bid
Viewing Schedule (No Booking Required)
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

Share this lot

Similar Properties

Lot 100A

18 Hillbrow Road Bromley, Kent, BR1 4JL

*Please refer to auctioneer for more information

Lot 37

101 Sunny Gardens Road Hendon, London, NW4 1SH

*Please refer to auctioneer for more information

Enquire about 995/995A Oxford Road, Tilehurst, Reading, Berkshire, RG31 6TL

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2024 Auction House London
Registered Address: 5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL Company No. 07048084
Footer Logos