This 5 bedroom, licensed HMO, in Pontefract can generate a high yield for the investor looking to add to their portfolio. The seller advises that the property was generating an income of over £21,000 per annum before being emptied for an open market sale to proceed. The property was converted in 2019 and remains in good order throughout. The images were provided by the seller and our video tour is also available for those unable to attend viewings. Externally, there are yards to the front and rear. The seller has expressed an interest in selling prior to the auction once the legal pack is available.
The property will be sold as seen with all contents, fixtures and fittings included saving the new owner thousands of start up costs.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Accommodation
Ground Floor
Bedroom one with an Ensuite, Living room, Kitchen and a shower room.
First Floor
Bedrooms two, tree and four
Second Floor
Bedroom five with WC
Chareges And Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.