Description
15 Daynor House, Quex Road, London NW6 4PR.
Property Overview
Address:
15 Daynor House, Quex Road, London NW6 4PR
Auctioneers:
The sale is being conducted by joint auctioneers Palace Auctions London & World of Auctions.
Guide Price:
The guide price for the property is set at £295,000 Plus. This price serves as an indication of the auctioneer’s opinion of the expected sale price, but prospective buyers should be aware that the final sale price may vary depending on competition.
Accommodation
Entrance Hall, Bedroom, Living Room, Kitchen and Bathroom. Allocated parking
Property Details
– Type: Fourth floor one-bedroom flat.
– Amenities: The property is equipped with gas-fired central heating and double glazing but requires updating and modernisation throughout.
– Building Features: The block includes a security entry phone system and a lift, plus additional communal spaces
– Parking: There is an under ground parking area, and this flat includes one parking space within the sale.
– Tenure: Leasehold with approximately 947 years unexpired.
– Council Tax: Band C.
– Energy Performance Certificate (EPC) Rating: D.
Investment value
The property is offered producing rental income of £1,800 PCM or £21,600 per annum.
The auctioneers are guided by the vendor, that prospective buyers can purchase subject to the existing AST or in the alternative may request vacant possession upon completion.
Auction Details
**Auction Date:**
Please refer to the auctioneers for the specific date and time of the auction.
**Additional Fees:**
Prospective buyers should be aware that additional fees will apply to the purchase of this property.
Guide Price Explanation
The guide price is a strategic figure set to attract interest and provide a benchmark for potential buyers. It is not necessarily indicative of the final sale price, which can be influenced by various factors such as market conditions and bidder competition. The reserve price, which is confidential, is the minimum amount the seller is willing to accept and may be set close to or above the guide price.
Bidding Strategy
While the guide price is a useful starting point, buyers should be prepared for the possibility of the final sale price exceeding this figure due to competitive bidding.
Buyer’s Premium
Upon the fall of the hammer, the buyer is required to pay a 10% deposit. In addition, a buyer’s premium of 2% of the sale price, plus VAT, is due upon the exchange of the contract.
In the event of a successful offer, we will require two forms of ID in compliance with the Anti-Money Laundering Act. Acceptable forms of ID include a passport or a driving licence.
https://worldofauctions.co.uk/nw6-property-investment-guide/
