Lot 4 - Flat B-D, 38 Warwick Avenue, London, W9 2PT

  • Unconditional Online Auction Sale
  • Guide Price* : £3,250,000 plus

ON BEHALF OF RECEIVERS: Residential investment let at an annual equivalent income of £180,000 comprising a 6 bed upper maisonette in Little Venice

Description

Sold subject to a tenancy understood to be at an annual equivalent rent of £180,000, the property comprises a 6 bedroom maisonette arranged over the upper three floors of a substantial stucco fronted Grade II listed semi-detached property dating from the 1860s. The accommodation extends to approximately 2,500 sq. ft. and includes a roof terrace, plus attractive communal gardens at the rear of the property.

Location

Situated on the east side of Warwick Avenue, close to the junction with Clifton Gardens and next to the the entrance to Warwick Avenue Underground Station, within the popular and upmarket area of Little Venice, within Maida Vale. The property is conveniently located for the shops and cafes on Clifton Road and Regents Canal.

Accommodation

First Floor: Double Reception/Living Room, Kitchen & WC

Second Floor: Master Bedroom with en-suite bathroom/WC, two further bedrooms including a Jack and Jill bathroom/WC

Third Floor: Bedroom with en-suite shower/WC, two further bedrooms and a family bathroom/WC and utility room.

Roof Terrace

Outside

Roof terrace and private communal gardens.

Tenancies

We understand from the seller that the property is let at £15,000 per month.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions, references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

Any dimensions stated may have come from a third party source (e.g. the seller, valuation reports or historic sales particulars) so whilst provided in good faith, they should not be relied on and interested parties should rely on their own enquiries.

* Generally speaking Guide Prices 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. Virtually every 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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