Property for Auction in London - Flat D, 71-73 Fernhead Road, Maida Vale, London

A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £15,000 Per Annum The property comprises a ground floor studio flat situated within a mixed use parade arranging over ground and two upper floors. Tenure Leasehold. The property will be sold on a new 125 year lease. Peppercorn ground rent. Location The property is situated on a residential road close to local shops and amenities. The open spaces of Paddington Recreation Ground are within easy reach. Transport links are provided by Queen's Park underground station (Bakerloo line) and overground station. Accommodation Ground Floor Studio Room Kitchen Bathroom Tenancy The property is subject to an Assured Shorthold Tenancy at a rent of £15,000 per annum. Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.