Guide Price = £1,200,000+
**For Sale By Public Auction 14th September 2021 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Residential Investment Comprising an End of Terrace Building Arranged to Provide Five Self-Contained Studio Flats. Fully Let on a 10 Year rpi Linked Lease to a Housing Association Producing £81,923 Per Annum.
To Be Offered Individually or Collectively With Lots 38-42
The property is situated on a residential road close to local shops and amenities. The open spaces of King Edward VII Park are within easy reach. Transport links are provided by North Wembley underground station (Bakerloo line) and North Wembley rail station.
The property comprises an end of terrace house over ground and first floors internally arranged to provide five self-contained studio flats with a total combined gia of approximately 1,227 sq ft.
The five self-contained flats are let on a single iri lease to a housing association for a term of 10 years commencing September 2021 at a rent of £81,923 per annum. The rent increases each year in line with the rpi and there is no break clause.
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