House For Sale £180,000
Available now- Awaiting external images, mid town house HMO.
This property has been let by the current long term investor of over twenty years with four lettable rooms. We are offering this initial lot with an identical property also available with details available upon request with our auction team.
Viewing strictly by appointment with the seller to minimise disruption to our tenants.
Four lettable rooms and managed to a high standard by the current owners, with chance to take over the new tenancies commenced September 2021.
The sellers have fulfilled the local development criteria over the years and are happy to apply for the final certificate, subject to contract, if required or pass the admin trail required to the new buyer to complete and fulfil.
18060 gross annual yield
Proposed nett yield circa 16260
Yielding around 8% subject to reserve with three occupied rooms for the current year, so room to increase the yield with full occupation.
The properties are currently vacant with some contracts back for occupation around 17.9.21, subject to contract.
These are on the market to let, so applications can be expected in the meantime.
Auction: Starting Bid Price £180000 Plus Reservation Fee of 4.2% subject to a minimum fee of £6000. Available for cash and mortgage buyers, subject to contract.
Complete a viewing, register to bid, login to place bids! Once an offer is accepted the property will be removed from the market with proposed completion of 56 days, an auction pack will be available and we welcome cash and mortgage buyers, subject to contract.
This property has been let by the current long term investor of over twenty years with four lettable rooms. We are offering this initial lot with an identical property also available with details available upon request with our auction team.
Viewing strictly by appointment with the seller to minimise disruption to our tenants.
Four lettable rooms and managed to a high standard by the current owners, with chance to take over the new tenancies commenced September 2021.
The sellers have fulfilled the local development criteria over the years and are happy to apply for the final certificate, subject to contract, if required or pass the admin trail required to the new buyer to complete and fulfil.
18060 gross annual yield
Proposed nett yield circa 16260
Yielding around 8% subject to reserve with three occupied rooms for the current year, so room to increase the yield with full occupation.
The properties are currently vacant with some contracts back for occupation around 17.9.21, subject to contract.
These are on the market to let, so applications can be expected in the meantime.
Auction: Starting Bid Price £180000 Plus Reservation Fee of 4.2% subject to a minimum fee of £6000. Available for cash and mortgage buyers, subject to contract.
Complete a viewing, register to bid, login to place bids! Once an offer is accepted the property will be removed from the market with proposed completion of 56 days, an auction pack will be available and we welcome cash and mortgage buyers, subject to contract.
