- Buyers fees apply
- Buy-to-let or Airbnb Investment Opportunity
- For Sale by Modern Auction – T & C’s apply
- Penthouse Apartment
- Share of Freehold
- Subject to Reserve Price
- The Modern Method of Auction
- Close to Central Line Underground Station
- UPVC Double Glazing
- Gas Central Heating
FOR SALE BY AUCTION - A superb share of freehold penthouse apartment located in the popular and well maintained Art Deco building, Wellington House. Panoramic views of the Wembley Stadium can be enjoyed from the double aspect reception room, which offers plenty of space for entertaining guests. The spacious double bedroom also benefits from built-in wardrobes.
There are lifts that serve all floors, as well as communal gardens for the residents to enjoy. CCTV is in operation around the development, adding extra comfort and security.
Location has always been an attractive prospect for Wellington House. With two underground tube stations nearby - Hanger Lane Central Line being the nearest - access into Central London is direct and convenient. For those looking to purchase the apartment as a buy-to-let or serviced apartment investment, this has always translated to high occupancy rates. Energy improvement works to the building have already been taken care of, which include new UPVC double glazed windows and a recent new combi-boiler.
Included within the lot is a separate lease for one car parking space.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Council Tax Band: C
Tenure: Share of Freehold