This property has been taken off the market.

4 Bed Flat For Sale Scorton Avenue, Greenford, UB6

£799,999- Flat

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Last Updated: 23rd April 2024

Description

DESCRIPTION

Nestled on the charming Scorton Avenue, the OPA proudly presents an exceptional investment property arranged as four investment flats. Generating an impressive £4,650 per calendar month or £55,800 annually in rent, this property promises not only immediate income but also long-term potential for capital growth in a highly coveted residential locality.

Accommodation:

Flat 1 - Ground Floor \"Garden Flat\" - 2 Bedroom Flat: Welcoming you with an inviting entrance hallway, this ground floor flat unveils a seamlessly designed open-plan kitchen and lounge area. With bi-fold doors extending the living space effortlessly into the tranquil rear garden, this flat epitomizes modern comfort and indoor-outdoor living.

Flat 2 - Annex - Studio Flat: Tucked away with a private entrance at the rear of the property, this studio flat exudes charm and functionality. Thoughtfully designed and impeccably maintained, it offers a cozy retreat for its occupants.

Flat 3 - First Floor Front - 1 Bed Flat: Ascend to the first floor to discover a delightful one-bedroom flat, thoughtfully configured with an open-plan kitchen lounge area and a modern bathroom. Boasting ample natural light and contemporary finishes, this flat presents an ideal blend of style and comfort.

Flat 4 - First Floor Rear - Studio Flat: Positioned at the rear of the first floor, this generously proportioned studio flat offers a versatile living space.

This rare opportunity to acquire a property with four flats in such a sought-after residential location is not to be missed. Whether you're an astute investor seeking immediate returns or a discerning buyer looking to secure a ready-made income-generating asset, this property offers the perfect canvas to realize your investment aspirations. Embrace the allure of steady rental income and the promise of future appreciation in this flourishing neighbourhood.

LOCATION

Located in West London, in the borough of Ealing, Greenford serves as a vibrant suburban town effortlessly combining its historic roots with modern redevelopment. This blend of village-like charm alongside urban living makes Greenford a great choice to live.

Known as the birthplace of various 19th century industrial endeavours (and the rock band The Who!), now Greenford makes its mark through its lively array of local businesses, beautiful greenery, serene waterways, and excellent transport links. Not only is it convenient for getting in and out of Central London, but Heathrow Airport is also easily accessible.

TENURE & INVESTMENT OPPORTUNITY

The property is freehold and sold with tenants in situ.

Income generating £4,650 PCM / £55,800 P.A RENT

1: £1650 pcm

2: £1150 pcm

3: £950 pcm

4: £900 pcm

The landlord is responsible for bills, council tax & wifi.

VIEWINGS

Please contact OPA for viewings.

MATERIAL INFORMATION

The OPA have taken reasonable precautions and exercised all reasonable due diligence by asking the Seller of the Property to provide us in writing a declaration of material information regarding a property to comply with the Consumer Protection from Unfair Trading Regulations 2008. However, certain information may be unavailable and/unknown. Any buyer must carry out their own due diligence and rely on their own searches investigations and enquiries in respect of all matters relating to their proposed purchase of this property, to enable them to make an informed transactional decision before proceeding to entering in to the exclusivity agreement on this property

COUNCIL TAX

Band D

EPC

EPC –D

Material / Construction

Standard construction

Property Type

Semi - Detached

UTILITIES

Mains elec, gas, water, Sewage. One meter supplying all units.

HEATING

Gas central heating

PARKING

Drive & on street parking

IS THE PROPERTY LISTED?

NO

CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR EVELOPMENT

C3 Use –

We are advised that the property has been used as flats for over 10 years. No formal planning application has been made.

PROERTY ACCESSIBILITY – ANY STEP FREE ACCESS INC RAMPS/ LIFTS?

NO

ANY WET ROOM/ LEVEL ACCESS SHOWER

NO

IS THE PROPERTY KNOWN TO BE ON A COALFIELD/ MINING OR DIRECTLY IMPACTED BY EFFECT OF OTHER MINING ACTIVITY

Not known.

ANY OTHER MATERIAL INFORMATION – INFORMATION THAT MAY AFFECT THE AVERAGE CONSUMER’S DECISION MAKING

Refer to pack.

AGENT NOTES

Draft details, awaiting vendor approval.

BUYERS FEE

Buyer's Fee of 2% of The Purchase Price, subject to Minimum Fee £3999 (All fees inclusive of VAT). T&Cs apply.

Please request information pack, Buyer’s Guide & FAQs.

You will be required to enter into an “Exclusivity Agreement” with the Seller, granting you the Buyer the Exclusive right to purchase the property within the exclusivity period.

Please note the Buyer’s Fee is a non-refundable unconditional Exclusivity Fee in addition to the purchase price payable to the Agent upon offer acceptance.

The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

Upon offer acceptance you will not be required to exchange contracts, but will be granted an “exclusivity period” in order to exchange and complete on the transaction. This timescale will generally be 8 weeks, but will be specified in the Exclusivity agreement.

This is a flexible and buyer friendly method of purchase. By signing the Exclusivity Agreement and paying the Buyer’s Fee, this secures the transaction and takes the property off the market.

By paying your fee, that amount may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty land tax liability.

The OPA’s “Secure It Now Exclusivity Package” – this is a legally binding agreement between you are the seller. When the offer is accepted, the buyer pays the Exclusivity Fee to the Agent and enters into an “Exclusivity agreement with the Seller”, granting the buyer an exclusivity period, which is usually upto 8 weeks to complete on the purchase of the property. During the exclusivity period, the buyer has the exclusive right to purchase the property, no other offers can be accepted and during this period buyer must complete the sale transaction. If the buyer fails to complete in this period, the fee is non-refundable.

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity Agreement. By entering into the exclusivity agreement and paying the Exclusivity Fee, this buys :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks , however please confirm seller’s required timescale)

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances / Carry out your due diligence/ Ask questions/ Get legal/ financial advice if required.

Step 3 - Arrange a viewing / Virtual Tour (If you require a viewing. If you do not require a viewing and offer without a viewing, you are doing so at your own risk)

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

IMPORTANT NOTES

Buyers should carry out their own due diligence/ investigations and if required seek independent legal/ financial advice.

The Exclusivity fee is a non-refundable fee and unless otherwise stated and agreed in the special conditions of the Exclusivity Agreement, this is unconditional, not subject to survey or valuation , lending or anything else. The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Please be advised that this property may have been owned by the current seller for under six months, or the seller may have the exclusive right to sell the property. If you require any further clarification, please speak to a representative of The OPA.

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.

Agent Details
The Online Property Agency
Sovereign Court Graham Street, Birmingham, B1 3JR

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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