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Block of 6 Flats

14 New Road, Hounslow, TW3 2AN
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Property description

This block of 6 flats is an Investors Dream, and is located close to Hounslow Station.

Currently set up as Serviced Accommodation, the block consists of 5 x 1 bedroom units and 1 x 2 bed units. All units either have a bath or shower.

The current Service Accommodation providers are happy to offer Vacant Possession and could discuss a fee for the existing furniture. Any new potential Investor/Developer could keep these units as Serviced Accommodation of have an alternative use.

Each flat has its own kitchen and the refurbishment has been done to a very high standard.

All flats are self contained and have their own electricity meter. All flats also have their own separate Council Tax.

Most rooms are always booked and positive feedback can be found on the internet. Monthly rental income varies from £7,200 pcm to £15,000 pcm

6 Car Parking Spaces are allocated on site.

Other key info

Room measurements are as follows:-

Unit 1 - 484 sq.ft (1 bed, 1 shower)
Unit 2 - 452 sq.ft (1 bed, 1 bath)
Unit 3 - 452 sq.ft (1 bed, 1 bath)
Unit 4 - 527 sq.ft (2 bed, 1 bath)
Unit 5 - 333 sq.ft (1 bed, 1 bath)
Unit 6 - 290 sq.ft (1 bed, 1 bath)

Maps

Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Lime Auction House 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 above 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.

Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Lime Auction House. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

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