Lot 91
    Flat
    Heron Court
    63 Lancaster Gate, Queensway, London, W2 3NJ
    £550,000+
    Guide Price (plus fees)
    Number 1
    A Well Located Fifth Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £27,000 Per Annum.

    Description

    The property comprises a fifth floor one bedroom flat situated within a mid terrace building arranged over ground and seven upper floors. The building benefits from a lift.

    Tenure

    Leasehold. The property is held on a 189 year lease from 1st August 1975 (thus approximately 139 years unexpired).

    Location

    The property is situated in the highly sought after area of Lancaster Gate close to local shops and amenities. The open spaces of Kensington Gardens and Hyde Park are within easy reach. Transport links are provided by Lancaster Gate and Queensway underground stations (Central line) as well as Paddington rail station.

    Accommodation

    Fifth Floor
    Reception Room
    Kitchen
    Bedroom
    Bathroom

    Exterior

    The property benefits from a balcony.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy at a rent of £2,250 per calendar month (holding over). We have been informed by the seller that the next rent review is due in August 2025 and that the tenancy agreement originally started back in 2018. Please refer to the legal pack for more information.

    EPC Rating

    C
    Open House Viewings: 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
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    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.

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