Modern Method of Auction
Auction date not yet published
1-bedroom flat · TW1 3JZ
For saleReduced £30k (−12%) on 1 OctListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*open day viewings being booked now* Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £250,000.
Spacious, modern, light and very bright, one bedroom apartment, situated in the heart of Twickenham town centre, just around the corner from the station, the river, local shops, buses, pubs and restaurants.
Large rooms, lots of storage space and available to view now. An amazing investment opportunity in a fantastic location, or great first time buyer home.
We are very pleased to be able to offer for sale this larger than average, second floor, one double bedroom apartment.
Situated on York Street, just around the corner from the station, local bus links, shops, bars, restaurants and amenities.
Recently modernised and very well presented, the property would make an amazing investment opportunity with tenants currently in situ, or a fantastic home for first time buyer.
Features include; -A very spacious master double bedroom, neutrally decorated with lots of natural light, wooden flooring and large built in wardrobes -A modern, open plan and fully fitted kitchen, with an integrated fridge/freezer, washer, gas cooker, oven and lots of storage space -The open plan lounge is also a good size and can easily accommodate a sofa set and coffee table, with adequate space for a dining table and chairs -The bathroom suite has a walk in shower, WC and sink -There is wooden flooring throughout this apartment -The boiler is a modern gas combi boiler and the windows are double glazed -This is a second floor property with access via stairs, there is no lift -A fantastic location in the heart of the town centre -Very bright throughout all rooms -Currently tenanted (rent review due in September) with a current rental income of £16140 pa.
-Long lease -Reasonable service charge & ground rent -No section 20 works planned Call our office today to organise an appointment to view.
Auctioneers Comments Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non- refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Material Information Auction Guide Price: £250,000 Tenure: Leashold (972 years remaining) Service Charge: £1980 pa Ground Rent: £100 pa Council Tax Band: C EPC Rating: C Construction: Brick Utilities: Mains gas, electricity, water and sewerage Heating: Gas central heating Broadband: Available (adsl – please check with your provider) Mobile Coverage: 5G likely available (please check with your provider) Parking: Street permit parking (check with the local council for further information) Additional Information: The property has no known issues relating to building safety, planning permissions, flooding, mining activity, rights of way, or restrictive covenants.
The property is listed as being within a conservation area.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 3, 29, York Street, Twickenham
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