Lot 45A
    Terraced
    First & Second Floors
    219A Kilburn High Road, Kilburn, London, NW6 7JG
    Please refer to auctioneer for more information
     
    Number 1
    A Residential Investment Comprising Five Self-Contained Studio Flats. When Fully Let on Nightly Rents the Total Combined Income is £68,057.90 Per Annum.

    Description

    The property comprises five self-contained studio flats arranged over first and second floors with a total GIA of approximately 1,264 sq ft. The flats have their own rear entrance.

    Tenure

    Leasehold. The property is held on a 99 year lease from 29th September 1992 (thus approximately 68 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

    Location

    The property is situated on Kilburn High Road close to local shops and amenities. The open space of Kilburn Grange Park is within easy reach. Transport links are provided by Kilburn underground station (Jubilee line) and Kilburn High Road rail station.

    Tenancy

    The five self-contained flats are currently let on a nightly basis with an income of £68,057.90 per annum (assuming full occupancy each night).

    Accommodation Schedule

    Floor Accommodation
    First Floor 3 x studio flats with en-suites
    Second Floor 2 x studio flats with en-suites
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    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.

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