Pair of Tenanted Flats with Garages for Auction Hayes UB3
A pair of one bedroom flats, both currently let on Assured Shorthold Tenancies at £1100 per calendar month each (£26,400 per annum). There are four garages to the rear of the site, with three currently let at £1100, £1080 and £1080 per annum respectively. The fourth garage has been sold on a long lease and produces a ground rent of £5 per annum, thus the overall income from the garages is £3265 per annum, making a total income of £29,665.
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