House For Sale £125,000
For sale by Modern Method of Auction: Starting Bid Price £125,000 plus Reservation Fee. This property is for sale by iamsold.
** calling all investors ** three bedroom HMO property ** desirable & popular location, walking distance to bolton hospital**
Are you an investor looking for a fully operating HMO without the fuss of finding tenants then look no further as this three bedroom property is perfect for you.
Two rooms currently tenanted currently producing £9,600 Per Annum, with all rooms tenanted would generate an income of £14,100 Per Annum. Generating a current rental yield of 7% with potential of 10%. Briefly comprises three self contained rooms with communal lounge/modern fitted kitchen, bathroom and a yard to the rear. Ideal investment.
Communal Kitchen & Lounge (14' 8" x 10' 9")
UPVC windows, wall and base units, hob and oven, space for washing machine and dishwasher, extractor hood.
Bedroom One (12' 6" x 11' 6")
UPVC window to the front, radiator.
Bedroom Two (15' 11" x 7' 4")
UPVC window to the rear, radiator.
Bedroom Three (10' 8" x 13' 0")
UPVC window to the front, radiator.
Landing
Loft access, radiator, uPVC window to the side.
Yard
Outside tap, garage door, gated access, paved yard.
Auction Terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack (truncated)
** calling all investors ** three bedroom HMO property ** desirable & popular location, walking distance to bolton hospital**
Are you an investor looking for a fully operating HMO without the fuss of finding tenants then look no further as this three bedroom property is perfect for you.
Two rooms currently tenanted currently producing £9,600 Per Annum, with all rooms tenanted would generate an income of £14,100 Per Annum. Generating a current rental yield of 7% with potential of 10%. Briefly comprises three self contained rooms with communal lounge/modern fitted kitchen, bathroom and a yard to the rear. Ideal investment.
Communal Kitchen & Lounge (14' 8" x 10' 9")
UPVC windows, wall and base units, hob and oven, space for washing machine and dishwasher, extractor hood.
Bedroom One (12' 6" x 11' 6")
UPVC window to the front, radiator.
Bedroom Two (15' 11" x 7' 4")
UPVC window to the rear, radiator.
Bedroom Three (10' 8" x 13' 0")
UPVC window to the front, radiator.
Landing
Loft access, radiator, uPVC window to the side.
Yard
Outside tap, garage door, gated access, paved yard.
Auction Terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack (truncated)
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