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High-yielding investment flat with strong rental income in a well-connected Surrey location

Description

Located within Isobel House on Staines Road West, this tenanted apartment offers a ready-made investment currently generating £1,218 PCM (£14,616 per annum), reflecting an attractive gross yield of approximately 16%. The property is well positioned for continued tenant demand, with similar flats in the block achieving higher sale prices, highlighting both income and value potential.

Sunbury-on-Thames is a popular commuter location with excellent access to London via nearby rail links, alongside local amenities and riverside surroundings that appeal to a broad tenant base. This is an ideal opportunity for cash investors seeking strong returns from day one with scope for future growth.

Auction
To be sold by online auction (unconditional) on Tuesday 30th June 2026 with a 6 WEEK COMPLETION, bidding will open at 10.00.

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure
Leasehold with tenant in situ.

Lease
99 years less 10 days from 25 December 1966 - 39 years remaining

Tenancies
19 January 2023 - Let on an AST for £1200 PCM. Please see legal pack for further details.

Ground rent and service charge
Please see legal pack for further details.

EPC rating
D

Council tax band
B - Spelthorne

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Additional fees
A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.

Flat 45 Isobel House, Staines Road West, Sunbury-on-Thames, Middlesex, TW16 7BD

Unconditional Online Auction Sale
Guide Price* £90,000

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Further Details


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