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For Sale By Auction | 12 noon, 27 October 2015 | Lot 9

2 Dorset Square, Marylebone, London, NW1 6PU

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*Guide | £7,000,000+ (plus fees)

  • Block of Apartments
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

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Auction Date

Tue 27/10/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

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A well Located Mid Terrace Building Arranged To Provide Six Self-Contained Flats. Fully Let Producing £245,000 per annum

The property comprises a Grade II listed mid terrace building currently arranged to provide six self-contained flats arranged over lower ground and four upper floors.

Tenure

Freehold

Location

The property is situated in the sought after North West London area of Marylebone within walking distance from the open spaces of Regents Park. Transport links are provided by Baker Street underground station (Bakerloo, Circle, Jubilee, Metropolitan and Hammersmith & City lines) and London Marylebone rail station.

Exterior

The lower ground floor flat benefits from two small courtyard gardens. The flats all benefit from access to the garden square.

Tenancy

All of the flats are let on Assured Shorthold Tenancies producing a combined income of £245,000 per annum.

Lot Type

Residential

Viewing Details

Wednesday 14th October 15:00-15:30 Friday 16th October 15:00-15:30 Wednesday 21st October 15:00-15:30 Friday 23rd October 15:00-15:30

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Price Information

*Guides 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. Each 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.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.