Description
Secure Investment Opportunity: Leasehold Apartment in Staines-upon-Thames
Located at 13 Maynard Court, Rosefield Road, TW18 4QD,
This ground floor leasehold flat is up for auction. Guide Price: £135,000.
We are open to considering offers prior to the auction.
This investment property offers a secure income stream, currently held on an Assured Shorthold Tenancy (AST) rolling over at £13,200 per annum (£1,100 per month).
With 62 years remaining on the leasehold with an option to extend to a 100 years subject to payment of the lease premium , it’s a solid addition to any investment portfolio.
The flat includes an entrance hall, a fitted galley kitchen, a reception room, a bedroom, an en-suite family-style bathroom, a separate WC, a cloakroom, and an entrance phone.
Situated in the desirable town of Staines-upon-Thames in northwest Surrey, the property is just 17 miles west of central London.
The location offers easy access to Heathrow Airport and the national motorway network via the M25 and M3.The property is moments away from the town centre, railway station, and the picturesque River Thames. It’s also a short walk to Spelthorne Leisure Centre and surrounded by several primary and secondary schools, making it an ideal location for families.
Buyer’s Premium
Upon the fall of the hammer, the purchaser shall pay a 10% deposit. In addition, a buyer’s premium of 2% of the sale price, a minimum of £5,000 + VAT, is due upon the exchange of the contract.
To register to bid, we require 2 forms of ID (Passport, Driving Licence) in line with the Anti-Money Laundering Act.
For more information about the area, visit Spelthorne Government and Staines Area Guide.
Don’t miss out on this excellent investment opportunity. Contact us today to arrange a viewing and secure your future income stream.