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31A Vaughan Road, Harrow HA1 4DP

Lot no: 17 Sold at Auction for £203,500
 

Guide Price £185,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • Three Bedroom First Floor Apartment
  • Converted Victorian Terrace
  • Potential rental income once renovated in the region of £24,000 per year
  • Spacious living room and dining kitchen as well as a rear garden
  • Close to Harrow on the Hill station for easy access to Central London
  • Popular residential location close to a wide range of local amenities
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Sold at Auction for £203,500

Apartment

Property Description:

A first floor three bedroom apartment set in a converted Victorian terraced house. A property with superb potential.

This first floor apartment boasts three bedrooms, spacious lounge, kitchen/diner, bathroom and even a rear garden. There is also access to a large loft space. Parking is on street and a residents permit is required from the council.

Once refurbished the property could command a yearly rental income in the region of £24,000, potentially offering a very generous return on investment.

The property is only a short walk from Harrow on the Hill station giving quick access to central London, as well as the Harrow bus station also being nearby. Harrow centre is also within close proximity to the property.

Viewings are available, but please click on the virtual tour to watch our walk around video.

First Floor:
Landing
Lounge 13ft 3 x 12ft 10
Bedroom One 12ft 10 x 10ft 10
Bedroom Two 8ft 3 x 7ft 10
Bedroom Three 7ft 6 x 6ft 2
Kitchen 11ft 10 x 11ft 4
Bathroom 8ft 3 x 5ft 4
Rear Garden
Leasehold Information

The seller has informed us the ground rent is £25 per annum and there is no service charge. We have been informed there are 51 years remaining on the lease. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Additional Information

Construction Material: TBC. Windows are original timber framed and do require refurbishment/replacing. Heating: TBC. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 and Vodafone show as high in this area, and EE and Three as medium. Satellite and Cable - BT and Sky show as available.

Tenure:

Leasehold. Vacant possession upon completion.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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