Commercial property for sale in Cedar Grove, London W5

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid of £350,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

***ideal investment purchase***

(£2100 per calendar month potential rental income)

alexandra park is pleased to offer this ex local authority two bed ground floor Maisonette off Popes Lane with South Ealing Piccadilly Line Underground & Shopping area nearby. The property comprises:: Lounge, kitchen, shower room, separate wc, gas central heating, upvc double glazing & a rear garden. Lease 86 years approximately. Service Charge approx £525 per annum, Ground Rent £10 per annum. No chain

***ideal investment purchase***

(£2100 per calendar month potential rental income)

2 bed ground floor Maisonette

lounge

kitchen

bathroom

separate wc

gas central heating

double glazing

rear garden

Lease approx 86 years remaining

Service Charge approx £525 per annum

Ground Rent £10 per annum

no chain

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 4.5% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Property additional info

entrance:
hardwood side entrance door to:

Hallway:
wood effect laminate flooring, radiator, doors to:

Lounge: 13' 1" x 13' 0" (3.99m x 3.96m)
upvc front aspect double glazed window, wood effect laminate flooring, radiator

kitchen: 10' 04" x 9' 11" (3.15m x 3.02m)
modern kitchen comprising: Wall units with matching base units with laminated woektops, inset stainless steel single bowl single drainer sink unit with mixer tap, built in oven with gas hob & extractor over, built in dishwasher, space for upright fridge / freezer, wood effect laminate flooring, radiator, upvc rear & side double glazed window, upvc double glazed side door to garden

kitchen utility area:
plumbing & space for washing machine, wall mounted central heating boiler

cloakroom:
modern white suite cpmprising: Wall mounted wash hand basin, loew level close coupled wc, half tiled walls, tiled floor, upvc side aspect frosted double glazed window

bedroom 1: 13' 10" x 10' 11" (4.22m x 3.33m)
upvc rear aspect double glazed window, wood effect laminate flooring, radiator

bedroom 2:
upvc front aspect double glazed window, wood effect laminate flooring, radiator

bathroom:
white suite comprising: Panelled bath with shower / filler mixer taps, pedestal wash hand basin, low level close coupled wc, heated towel rail, upvc side aspect frosted double glazed window

rear garden:
leading to lawn, enclosed panelled fencing, side access