DESCRIPTION:
A mews style house. Circa 2000 square feet, in the immediate vicinity of Clapham Junction, off St Johns Hill. Superb investment opportunity offering excellent potential yield, and generous future capital grow. Formally rented as a house in multiple occupation, to London professionals. Combined annual income of £80,000, circa 6.6% gross yield.
ACCOMMODATION:
Circa 2000 square feet, 183 square metres.
Ground floor; entrance hall, reception, bedroom, WC.
Lower ground floor; Kitchen/ dining room, bedroom.
First floor; two bedrooms, two bathrooms, balcony.
Second floor; bedroom, bathroom, roof terrace, storage room.
Outside; private patio/ garden.
Formally rented as a house in multiple occupation, to London professionals. Combined annual income of £80,000, circa 6.6% gross yield. HMO License granted by Wandsworth Borough Council, as per the auction legal pack.
LOCATION:
Aliwal Mews is located in the highly sought after enclave, located just off of St John’s Road. With multiple bus routes offering fast access to the city centre and Clapham Junction 0.2 miles away. Plethora of bars, restaurants, shops, amenities of St John’s Road, Northcote Road on the doorstep.
TENURE:
Freehold
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
