House For Sale £115,000
• guide price £120,000
• hmo investment opportunity
• £15,660 income per annum
• 4 bedrooms, communal room
• off street parking
• great condition throughout
• available to buy via the modern auction method
• early enquiries essential
Offered for sale via the 'Modern Auction Method' is this stunning 4 bed hmo property located within 1 mile of the city centre and located amongst some really useful road links.
Generating an income of £15,660 per annum makes this a truly great buy for the discerning investor. This will represent a yield circa 12% depending on the agreed sale price.
Draft Details
Entrance Hall Having entered the property through a black composite front door with three frosted double glazed glass panels, large floor to ceiling frosted double glazed window adjacent to the front door, radiator, stairs leading to the first floor, brown laminate flooring, under stairs storage cupboard, access to the kitchen and bedroom one.
Bedroom 1 11'5"x 11'2" (3.48mx 3.4m). Having a white UPVC double glazed window to the front elevation, radiator, brown laminate flooring, TV point.
Dining Room/Communal Room 11'6"x 9'5" (3.5mx 2.87m). Having a set of white UPVC double glazed French doors to the rear elevation leading out on to the patio, radiator, brown laminate flooring, TV point.
Kitchen 11'4"x 7'8" (3.45mx 2.34m). Having a white UPVC double glazed window to the rear elevation, high gloss cream fitted kitchen comprising of wall, base and drawer units, brown wooden work surfaces, brown laminate flooring, stainless steel circular bowl sink with draining board, stainless steel extractor fan with hood, chrome spot lighting, integrated dishwasher, integrated washing machine, range cooker with electric oven, five ring gas hob.
Landing
Bedroom 2 15'2"x 11'8" (4.62mx 3.56m). Having two white UPVC double glazed windows to the rear elevation, radiator, integrated storage cupboard, grey carpet, TV point.
Bedroom 3 15'3"x 10'3" (4.65mx 3.12m). Having two white UPVC double glazed windows to the rear elevation, radiator, integrated storage cupboard, grey carpet, TV point.
Bedroom 4 8'2"x 9'8" (2.5mx 2.95m). Having a white UPVC double glazed window to the front elevation, radiator, storage cupboard.
Bathroom 5'7" x 7'8" (1.7m x 2.34m). Having a frosted white UPVC double glazed window to the rear elevation, white wash hand basin with chrome tap, white bath with chrome taps, bristan electric shower over the bath, glass shower screen, white low level pedestal w/c, chrome heated towel rail, chrome spot lights, brown laminate flooring, white extractor fan.
Outside To the front of the property is a blocked paved driveway providing off street parking suitable for two vehicles. Externally the property has had wall insulation fitted and has been rendered. To the rear of the property is a large garden with beige tiled patio, laid to lawn area, outside w/c, two storage cupboards with power and lighting.
Information Auctioneers Comments - This property is for sale by the Modern Method of Auction which is not
to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly
method of purchase. We do not require the purchaser to exchange contracts immediately, but
grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of
the draft contracts and a further 28 days there after to complete. Allowing the additional time to
exchange on the property means interested parties can proceed with traditional residential
finance. Upon close of a successful auction or if the vendor accepts an offer during the auction,
the buyer will be required to put down a non-refundable Reservation Fee of 4.2% subject to a
minimum of £6000 inc VAT which secures the transaction and takes the property off the market.
The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance
of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and
conditions can be found in the Legal Pack which can be downloaded for free from the auction
section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more
than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to
change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern
Method of Auction powered by iam-sold Ltd" or "iam-sold Ltd". To view or make A bid –
Contact "Hall and Benson"
• hmo investment opportunity
• £15,660 income per annum
• 4 bedrooms, communal room
• off street parking
• great condition throughout
• available to buy via the modern auction method
• early enquiries essential
Offered for sale via the 'Modern Auction Method' is this stunning 4 bed hmo property located within 1 mile of the city centre and located amongst some really useful road links.
Generating an income of £15,660 per annum makes this a truly great buy for the discerning investor. This will represent a yield circa 12% depending on the agreed sale price.
Draft Details
Entrance Hall Having entered the property through a black composite front door with three frosted double glazed glass panels, large floor to ceiling frosted double glazed window adjacent to the front door, radiator, stairs leading to the first floor, brown laminate flooring, under stairs storage cupboard, access to the kitchen and bedroom one.
Bedroom 1 11'5"x 11'2" (3.48mx 3.4m). Having a white UPVC double glazed window to the front elevation, radiator, brown laminate flooring, TV point.
Dining Room/Communal Room 11'6"x 9'5" (3.5mx 2.87m). Having a set of white UPVC double glazed French doors to the rear elevation leading out on to the patio, radiator, brown laminate flooring, TV point.
Kitchen 11'4"x 7'8" (3.45mx 2.34m). Having a white UPVC double glazed window to the rear elevation, high gloss cream fitted kitchen comprising of wall, base and drawer units, brown wooden work surfaces, brown laminate flooring, stainless steel circular bowl sink with draining board, stainless steel extractor fan with hood, chrome spot lighting, integrated dishwasher, integrated washing machine, range cooker with electric oven, five ring gas hob.
Landing
Bedroom 2 15'2"x 11'8" (4.62mx 3.56m). Having two white UPVC double glazed windows to the rear elevation, radiator, integrated storage cupboard, grey carpet, TV point.
Bedroom 3 15'3"x 10'3" (4.65mx 3.12m). Having two white UPVC double glazed windows to the rear elevation, radiator, integrated storage cupboard, grey carpet, TV point.
Bedroom 4 8'2"x 9'8" (2.5mx 2.95m). Having a white UPVC double glazed window to the front elevation, radiator, storage cupboard.
Bathroom 5'7" x 7'8" (1.7m x 2.34m). Having a frosted white UPVC double glazed window to the rear elevation, white wash hand basin with chrome tap, white bath with chrome taps, bristan electric shower over the bath, glass shower screen, white low level pedestal w/c, chrome heated towel rail, chrome spot lights, brown laminate flooring, white extractor fan.
Outside To the front of the property is a blocked paved driveway providing off street parking suitable for two vehicles. Externally the property has had wall insulation fitted and has been rendered. To the rear of the property is a large garden with beige tiled patio, laid to lawn area, outside w/c, two storage cupboards with power and lighting.
Information Auctioneers Comments - This property is for sale by the Modern Method of Auction which is not
to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly
method of purchase. We do not require the purchaser to exchange contracts immediately, but
grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of
the draft contracts and a further 28 days there after to complete. Allowing the additional time to
exchange on the property means interested parties can proceed with traditional residential
finance. Upon close of a successful auction or if the vendor accepts an offer during the auction,
the buyer will be required to put down a non-refundable Reservation Fee of 4.2% subject to a
minimum of £6000 inc VAT which secures the transaction and takes the property off the market.
The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance
of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and
conditions can be found in the Legal Pack which can be downloaded for free from the auction
section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more
than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to
change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern
Method of Auction powered by iam-sold Ltd" or "iam-sold Ltd". To view or make A bid –
Contact "Hall and Benson"
