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Description

  • Status: Available
  • Type: Flat
  • Ownership: Leasehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

EXCELLENT INVESTMENT PROPERTY. Rare opportunity and reluctant sale. Tenanted one Bedroom 5th floor flat located in the popular high-rise block in the heart of Langley.

TENANTED PROPERTY Long standing tenant paying £800pcm. Rental value in the area is approximately £950pcm

Compromises entrance hall, bedroom, bathroom and Kitchen. The property benefits from double glazed windows, electric heating and a secure entry system with two serviced lifts.

Located within walking distance to local shops, schools and a host of amenities. The area is well served by public transport with regular bus services going to and from the city centre.

The block has recently had a full external refurbishment and holds a EWS1 certificate. There is ample unallocated onsite parking available.

EXCELLENT INVESTMENT PROPERTY. Tenanted one Bedroom 5th floor flat located in the popular high-rise block in the heart of Langley. Tenanted property currently achieving £800pcm. Comparable rentals in the block are achieving around £950pcm. Compromises entrance hall, bedroom, bathroom and Kitchen. The property benefits from double glazed windows, electric heating and a secure entry system. EXCELLENT LOCATION Located within walking distance to local shops, schools and a host of amenities. The area is well served by public transport with regular bus services going to and from the city centre. The Elizabeth Line (Transport to London) is located close to the property with a direct route to London

The property is located along the popular High Street at the junction with London Road close to the centre of Slough. Slough is a large town in Berkshire, England, situated to the west of London. The town is well-connected by road and rail, making it a convenient commuter town for those working in London or nearby cities. Additionally, Slough's proximity to Heathrow Airport adds to its accessibility and importance as a transport hub. Slough is home to numerous businesses, including the headquarters of several multinational companies. Slough also has a vibrant cultural scene with various shopping centres, restaurants, parks, and entertainment venues.

Full Address: 21 Poplar House High Street, Slough, SL3  8NE

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Long Lease
Rent: £9,600 per year / £800 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: Long Standing tenant £800pcm. Rental value in the area for 1 bed £950pcm

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Pricing Information & Bidding

Opening Bid: £158,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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