Guide price
£100,000
1 bed flat for sale31 Merrivale Mews Tavistock Road, Yiewsley, West Drayton, Middlesex UB7
1 bed
1 bath
Added on
About this property
Superb investment opportunity potential 15% gross rental yield!
Spacious riverside studio near the Elizabeth Line, with an estimated rental income of £1,250 pcm!
Guide Price £100,000 to £200,000 * Buyers Premium Applies
For sale by public auction.unconditional online auction.
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Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this excellent opportunity to acquire this generously proportioned studio apartment, situated within the established Merrivale Mews development in Yiewsley, West Drayton.
The property offers spacious and versatile accommodation, comprising a well-proportioned living and sleeping area, fitted kitchen and separate bathroom, together with the benefit of double glazing.
With an estimated rental value of £1,250pcm (£15,000 per annum), the apartment offers an impressive potential gross rental yield of 15%.
Whilst the property would benefit from some light refurbishment and cosmetic updating, it presents an attractive opportunity for investors seeking a buy-to-let investment with scope for further enhancement. Equally, it would make an ideal first-time purchase.
Location
Merrivale Mews enjoys a pleasant setting close to the River Frays, with attractive riverside walks nearby.
Yiewsley High Street is within easy walking distance, offering a good selection of shops, supermarkets, cafs and restaurants.
West Drayton railway station is also within walking distance, providing excellent Elizabeth Line connections to Paddington, Bond Street, Tottenham Court Road and Liverpool Street.
The M4, M25 and A40 offer convenient road links, whilst Heathrow Airport, Uxbridge and Stockley Park are all readily accessible.
Key Features
- Estimated Rental Value £1,250 pcm (£15,000 Per Annum)
- Potential Gross Rental Yield of 15%
- Generously Proportioned Studio Apartment
- Ideal Buy-to-Let Investment or First-Time Purchase
- Attractive Riverside Location
- Walking Distance to West Drayton Elizabeth Line Station
- Double Glazing
The property will be entered into our 12th November auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features
Number of Bedrooms: 1
. Reception Rooms: 1
. Parking
. Council tax band: B
. Market Value: £225,000
. Rental Value Per Month: £1250
. 56 Day Completion
Viewing arrangements
We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 5%+VAT (subject to a minimum of £9,000+VAT) buyers premium 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 56 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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