House For Sale £500,000
Summary
detached HMO property with eight separately tenanted double rooms, each with sink and cupboard. Located in the popular location of parkstone close to all amenities. Viewing is highly recommended for this fantastic investment opportunity.
Description
This spacious property is located in the popular location of Parkstone, which can be easily accessed from both Bournemouth and Poole on various transport links. In close proximity to shops and amenities.
The property itself consists of eight letting rooms, each benefiting from an individual sink with cupboard. The current owner has received consistent income throughout her time as a Landlord charging £110-£150 per room per week. Each room is set up on separate electricity meters as well as the shower and oven set up on coin meters. A real fantastic investment opportunity for Landlords benefiting from a great yield.
Viewing is highly recommended!
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.
Ground Floor
Entrance Porch
Door to side elevation.
Entrance Hall
Door leading to kitchen, garden and three bedrooms.
Kitchen/ Diner/ Lounge 10' 11" max x 22' max ( 3.33m max x 6.71m max )
Base units with work surfaces over, inset 1 1/2 stainless steel sink/drainer unit. Built in electric oven with electric hob. Wall mounted chc boiler, radiator and double glazed door to garden and window.
Separate Wc
WC, sink, window and fully tiled.
Shower Room
Shower, extractor fan and fully tiled walls.
Bedroom One 9' 11" x 19' 2" ( 3.02m x 5.84m )
Rear aspect double glazed window and door, radiator, television point. Cupboard with sink and space for fridge.
Bedroom Two 10' 6" x 11' 11" ( 3.20m x 3.63m )
Front aspect double glazed bay window, radiator, television point and sink with cupboard.
Bedroom Three 10' 6" x 11' 11" ( 3.20m x 3.63m )
Front aspect double glazed window, radiator, television point and cupboard with sink and space for fridge.
First Floor
Landing
Stairs from hallway, double glazed side aspect window, radiator and stairs to loft room.
Bedroom Four 11' x 7' 10" ( 3.35m x 2.39m )
Rear aspect double glazed window, radiator, television point, cupboard storage, sink and space for fridge/freezer. Built in wardrobe.
Bedroom Five 11' 11" x 11' ( 3.63m x 3.35m )
Front aspect double glazed bay window, radiator, television point, cupboard with sink and space for fridge/freezer.
Bathroom
Rear aspect double glazed window, radiator, bath and wash hand basin.
Bedroom Six 10' 8" x 11' 11" ( 3.25m x 3.63m )
Front aspect double glazed window, radiator, television point and cupboard with sink.
Bedroom Seven 7' 7" x 8' 9" ( 2.31m x 2.67m )
Rear aspect double glazed window, radiator, television point and sink with cupboard.
Separate Wc
WC, window and tiled walls.
Second Floor
Bedroom Eight
Side aspect double glazed window, radiator, television point, cupboard with sink and built in fridge. Restricted head height.
Outside
Front Garden
Stoned front with side access with gate.
Rear Garden
Low maintained rear garden with tap and outbuilding.
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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
detached HMO property with eight separately tenanted double rooms, each with sink and cupboard. Located in the popular location of parkstone close to all amenities. Viewing is highly recommended for this fantastic investment opportunity.
Description
This spacious property is located in the popular location of Parkstone, which can be easily accessed from both Bournemouth and Poole on various transport links. In close proximity to shops and amenities.
The property itself consists of eight letting rooms, each benefiting from an individual sink with cupboard. The current owner has received consistent income throughout her time as a Landlord charging £110-£150 per room per week. Each room is set up on separate electricity meters as well as the shower and oven set up on coin meters. A real fantastic investment opportunity for Landlords benefiting from a great yield.
Viewing is highly recommended!
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.
Ground Floor
Entrance Porch
Door to side elevation.
Entrance Hall
Door leading to kitchen, garden and three bedrooms.
Kitchen/ Diner/ Lounge 10' 11" max x 22' max ( 3.33m max x 6.71m max )
Base units with work surfaces over, inset 1 1/2 stainless steel sink/drainer unit. Built in electric oven with electric hob. Wall mounted chc boiler, radiator and double glazed door to garden and window.
Separate Wc
WC, sink, window and fully tiled.
Shower Room
Shower, extractor fan and fully tiled walls.
Bedroom One 9' 11" x 19' 2" ( 3.02m x 5.84m )
Rear aspect double glazed window and door, radiator, television point. Cupboard with sink and space for fridge.
Bedroom Two 10' 6" x 11' 11" ( 3.20m x 3.63m )
Front aspect double glazed bay window, radiator, television point and sink with cupboard.
Bedroom Three 10' 6" x 11' 11" ( 3.20m x 3.63m )
Front aspect double glazed window, radiator, television point and cupboard with sink and space for fridge.
First Floor
Landing
Stairs from hallway, double glazed side aspect window, radiator and stairs to loft room.
Bedroom Four 11' x 7' 10" ( 3.35m x 2.39m )
Rear aspect double glazed window, radiator, television point, cupboard storage, sink and space for fridge/freezer. Built in wardrobe.
Bedroom Five 11' 11" x 11' ( 3.63m x 3.35m )
Front aspect double glazed bay window, radiator, television point, cupboard with sink and space for fridge/freezer.
Bathroom
Rear aspect double glazed window, radiator, bath and wash hand basin.
Bedroom Six 10' 8" x 11' 11" ( 3.25m x 3.63m )
Front aspect double glazed window, radiator, television point and cupboard with sink.
Bedroom Seven 7' 7" x 8' 9" ( 2.31m x 2.67m )
Rear aspect double glazed window, radiator, television point and sink with cupboard.
Separate Wc
WC, window and tiled walls.
Second Floor
Bedroom Eight
Side aspect double glazed window, radiator, television point, cupboard with sink and built in fridge. Restricted head height.
Outside
Front Garden
Stoned front with side access with gate.
Rear Garden
Low maintained rear garden with tap and outbuilding.
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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
