House For Sale £285,000
Summary
Jones & Chapman welcome to the sales market this well presented terraced property with a current HMO license running until 12 September 2024 generating approx. £29,412 rental income p.a. Currently offering six bedroom student accommodation until 30 June 2022. This is an ideal investment opportunity
description
Jones & Chapman welcome to the sales market this well presented terraced property with a current HMO license running until 12 September 2024 generating approx. £29,412 rental income p.a. Currently offering six bedroom student accommodation until 30 June 2022. Property briefly comprises: Entrance hall, open plan kitchen/diner/living, six bedrooms, a shower room, a bathroom and a well maintained rear yard. This is an ideal investment opportunity
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
Double glazed door to the front, under stairs cupboard, radiator, meter cupboard, fire alarm system, original wooden flooring.
Bedroom One 13' 10" x 11' 11" ( 4.22m x 3.63m )
Double glazed window to the side, radiator, original floorboards, picture rail, ceiling rose.
Second Floor Shower Room
Double glazed window to the side, electric shower cubicle, wash hand basin with tiled splashback, WC, radiator,
Bedroom Two 15' 6" into bay x 12' 9" into alcove ( 4.72m into bay x 3.89m into alcove )
Double glazed bay window to the front, radiator, floorboards.
Bedroom Three 13' x 10' 8" ( 3.96m x 3.25m )
Double glazed window to the side, radiator, carpet flooring.
Bedroom Four 14' 4" x 12' into alcove ( 4.37m x 3.66m into alcove )
Double glazed window to the rear, radiator, original iron fireplace.
Bedroom Five 17' 10" x 13' 2" ( 5.44m x 4.01m )
Two double glazed windows to the front, radiator, carpet flooring.
Bathroom
Window to the side, bath with shower over, wash hand basin, extractor fan, WC, vinyl floor.
Bedroom Six 11' 5" x 13' 7" ( 3.48m x 4.14m )
Double glazed window to the rear, radiator, original wrought fireplace.
Lounge 10' 11" x 17' 10" ( 3.33m x 5.44m )
Fitted kitchen with wall and base units, stainless steel sink and drainer with mixer taps and work surfaces, gas oven, electric hob with cooker hood, plumbing for washing machine, under counter fridge freezer, central heating boiler, radiator, microwave, tiled splash backs, double glazed window to the side, tiled flooring, ceiling spotlights.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Jones & Chapman welcome to the sales market this well presented terraced property with a current HMO license running until 12 September 2024 generating approx. £29,412 rental income p.a. Currently offering six bedroom student accommodation until 30 June 2022. This is an ideal investment opportunity
description
Jones & Chapman welcome to the sales market this well presented terraced property with a current HMO license running until 12 September 2024 generating approx. £29,412 rental income p.a. Currently offering six bedroom student accommodation until 30 June 2022. Property briefly comprises: Entrance hall, open plan kitchen/diner/living, six bedrooms, a shower room, a bathroom and a well maintained rear yard. This is an ideal investment opportunity
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
Double glazed door to the front, under stairs cupboard, radiator, meter cupboard, fire alarm system, original wooden flooring.
Bedroom One 13' 10" x 11' 11" ( 4.22m x 3.63m )
Double glazed window to the side, radiator, original floorboards, picture rail, ceiling rose.
Second Floor Shower Room
Double glazed window to the side, electric shower cubicle, wash hand basin with tiled splashback, WC, radiator,
Bedroom Two 15' 6" into bay x 12' 9" into alcove ( 4.72m into bay x 3.89m into alcove )
Double glazed bay window to the front, radiator, floorboards.
Bedroom Three 13' x 10' 8" ( 3.96m x 3.25m )
Double glazed window to the side, radiator, carpet flooring.
Bedroom Four 14' 4" x 12' into alcove ( 4.37m x 3.66m into alcove )
Double glazed window to the rear, radiator, original iron fireplace.
Bedroom Five 17' 10" x 13' 2" ( 5.44m x 4.01m )
Two double glazed windows to the front, radiator, carpet flooring.
Bathroom
Window to the side, bath with shower over, wash hand basin, extractor fan, WC, vinyl floor.
Bedroom Six 11' 5" x 13' 7" ( 3.48m x 4.14m )
Double glazed window to the rear, radiator, original wrought fireplace.
Lounge 10' 11" x 17' 10" ( 3.33m x 5.44m )
Fitted kitchen with wall and base units, stainless steel sink and drainer with mixer taps and work surfaces, gas oven, electric hob with cooker hood, plumbing for washing machine, under counter fridge freezer, central heating boiler, radiator, microwave, tiled splash backs, double glazed window to the side, tiled flooring, ceiling spotlights.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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