1 bed flat for sale

Flat 701 Signal Building, Station Approach, Hayes, Middlesex UB3

Guide Price = £180,000+

**For Sale By Public Auction 6th August 2025 10:00 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Seventh Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £23,400 Per Annum (Reflecting a Gross Initial Yield of 13%)

Tenure
Leasehold. The property is held on a 99 year lease from 27th November 2007 (thus approximately 81 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Minet Country Park are within easy reach. Transport links are provided by Hayes and Harlington underground station (Elizabeth line) and rail station.

Description
The property comprises a seventh floor one bedroom flat situated within a purpose built building arranged over ground and seven upper floors.

Accommodation
Seventh Floor
Reception Room
Kitchen
Bedroom
Bathroom

Exterior
The property benefits from a private balcony.

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,950 per calendar month.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
B


Open House Viewings To Be Confirmed