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Home » Property Search » Auctions » Current Auction » 4-27 Copthorne Mews, Redmead Road, Hayes, Middlesex, UB3 4BN

Lot 36 - 4-27 Copthorne Mews, Redmead Road, Hayes, Middlesex, UB3 4BN

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FREEHOLD GROUND INVESTMENT - 26 FLATS

Guide price: £90,000 - £95,000 *

Auction Date

Tuesday, 27th March 2018 11:00am

Location & Description

A large development of 26 self-contained flats in a cul-de-sac off
Redmead Road.
Within easy reach of central Hayes and Junction 3 of the M4 which leads to the M25 just to the west.
Hayes & Hartington mainline station is about ½ mile away.

Accommodation

26 flats all sold on 125 year leases from 29.09.2005 at £175 p.a.
(each doubling every 40 years to a maximum of £700 p.a.)

EQUIVALENT TO £4,550 p.a. (DOUBLING EVERY 40 YEARS - SEE LEASES)

Result

Sold for £111,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates. 

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.