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Old Oak Common Lane, London W3 9 bed flat for sale
133 Old Oak Common Lane, London, W3 7DN
£1,100,000
133 Old Oak Common Lane, London, W3 7DN
£1,100,000
Our Summary
- 5% For sale by unconditional online auction on the 29th of May 2025
- FOR SALE BY ONLINE PUBLIC AUCTION 9 BEDROOM HMO IN PRIME LOCATION EXCELLENT INVESTMENT OPPORTUNITY - APPROX 20% BMV APPROX 7% NET YIELD Description An opportunity not to be missed for all property investors seeking a premium HMO in the desirable location of Old Oak Common, London
- Viewings Viewings available to serious prospective purchasers who can demonstrate that they are in a position to purchase under auction terms
- The vendor will consider sensible pre auction offers above the guide price, subject to the purchase proceeding on auction terms
- Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 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,
- EXCELLENT INVESTMENT OPPORTUNITY - HMO
Description
This property is a 9-bedroom HMO (House of Multiple Occupancy) located in Old Oak Common, London, which is being sold by unconditional online auction on May 29th, 2025. The property has an open market value of £1,700,000 and is being sold at a significant discount, making it an excellent investment opportunity for property investors. The property generates an annual rent of £99,840, providing a gross yield of 8% and a net yield of 7%. The property is fully managed and has a HMO licence in place. The location is prime, with excellent transport links and local amenities nearby. The property is being sold with a guide price of £1,100,000, which is a 20% discount to the open market value. The vendor is willing to consider sensible pre-auction offers above the guide price, subject to the purchase proceeding on auction terms.