Flat 4, 30 Gloucester Terrace, London, W2 3DA

Guide Price* : £225,000

Studio Apartment in Prime Location

Upon Instructions of

Trustees in Bankruptcy

  • Studio apartment with mezzanine
  • Prime residential location
  • Suitable for investors and occupiers
  • Other opportunities to use for tourist lettings (AirBnB)

Description

The property comprises a split-level studio within a period building with a lift.

The flat features a separate kitchen and bathroom with a mezzanine sleeping area above the living room. There is also a balcony facing onto the street.

Location

The property is located approximately two minutes walking distance from both Lancaster Gate Underground Station, and Paddington Station, making it extremely well connected to both local and national rail links.

The property is also well located to access the amenities of Central London, with Kensington Palace Gardens and Hyde Park to the south. London's iconic West End is approximately five minutes away by public transport.

Tenure

Leasehold - Expires 25/03/2137

VAT

Refer to the legal documentation

Note

The property is held on a long leasehold, expiring 25/03/2137, with the below costs:

Ground Rent - £100 per annum
Service Charge - £6,115.84 per annum

This property is being marketed for sale on behalf of the Trustees in Bankruptcy and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the vendors to the best of their knowledge but the purchaser must rely solely upon their own enquiries.

Contact

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

Bidding not yet open
Minimum Opening Bid

£225,000


Bidding Opens On
2nd Dec 2020 12:00
End Date

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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Viewings Viewing Times
From To Note
18/11/2020 11:00 18/11/2020 12:00

Office Contact

Max Mason
07917 865 212

Vendor

Trustees in Bankruptcy

Related Documents

Legal Documents

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Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton November 2020

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.