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Lot 17 Click here for addendum

On behalf of Trustees
6 Week Completion

Situation

Located at the junction with Porchester Road in this sought after area adjacent to the Porchester Hall and only a short distance from Hyde Park, Portobello Road and Westbourne Grove.
Bayswater is currently undergoing a £1 billion regeneration scheme which is set to include a luxury shopping and dining village modelled on the renowned Grosvenor Estate in Mayfair.
The location benefits from excellent transport links via the Westway (A40) and being within close proximity of Paddington Station (Bakerloo, Hammersmith & City, Circle, District and Main Lines) as well as Royal Oak (Hammersmith & City), Bayswater (District & Circle), Queensway (Central) and Westbourne Park Stations (Hammersmith & City).

Property

Forming part of this impressive, white stucco-fronted building built in 2014 comprising a Large 2 Bed Self-Contained Flat at first floor level which is served by a passenger lift. The property benefits from a Private Winter Garden, Private Underground Parking and enjoys excellent views of the surrounding elegant Georgian terraces.

The flat additionally has the benefit of the following:
• Luxury foyer entrance
• Intercom system
• Washer dryer
• Fully fitted kitchen and tiled bathrooms
• Wooden flooring
• Built-in wardrobes
• Air conditioning
• Central and under floor heating
• Private underground parking space

Accommodation

First Floor Flat
Master Bedroom with Ensuite Shower/WC
Bedroom 2
Living Room/Kitchen
Bathroom/WC
GIA Approx. 910 sq ft plus Private Winter Garden Approx. 140 sq ft

VAT is NOT applicable to this Lot

Tenure
Leasehold for a term of 125 years from 1st April 2014 at a ground rent of £500 p.a. doubling every 20 years.

Offered with vacant possession

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Flat 2, 1 Westbourne Gardens, Bayswater, London W2 5NR