House For Sale £215,000
For sale by auction on Wednesday, 23 Nov 2022 at 11:00
Venue: Online via live stream
A fantastic opportunity for an investor to purchase a well maintained four bedroomed mid terrace property offering a fully licenced House of Multiple Occupation situated on a quiet road in the popular residential area of Far Cotton.
The property is occupied with four Assured Shorthold Tenancies generating a gross income of £27,720 per annum. The accommodation comprises entrance hall, inner hallway, kitchen/diner, bedroom one with ensuite shower, bedroom two with ensuite shower and to the first floor there is bedroom three with ensuite shower, bedroom four and a separate shower room. Outside there is a rear garden which is laid to patio with a brick built storage shed. The property is being sold with all furnishings making it an ideal turn key investment and the property currently generates a gross yield of approximately 12%.
Accommodation
ground floor
Entrance hall, kitchen/diner, bedroom two, ensuite, inner hallway, bedroom one and ensuite.
First floor
Landing, bedroom three, ensuite, bedroom four and shower room.
Outside
Rear garden.
Viewings
By appointment only
Saturday 29th October 2022 at 11.00am to 11.30am
Please call EPC Rating: D
Additional Fees
Buyers Premium: The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT).
Administration Charge - The purchaser will be required to pay an administration charge of £600 (£500 plus VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Online via live stream
A fantastic opportunity for an investor to purchase a well maintained four bedroomed mid terrace property offering a fully licenced House of Multiple Occupation situated on a quiet road in the popular residential area of Far Cotton.
The property is occupied with four Assured Shorthold Tenancies generating a gross income of £27,720 per annum. The accommodation comprises entrance hall, inner hallway, kitchen/diner, bedroom one with ensuite shower, bedroom two with ensuite shower and to the first floor there is bedroom three with ensuite shower, bedroom four and a separate shower room. Outside there is a rear garden which is laid to patio with a brick built storage shed. The property is being sold with all furnishings making it an ideal turn key investment and the property currently generates a gross yield of approximately 12%.
Accommodation
ground floor
Entrance hall, kitchen/diner, bedroom two, ensuite, inner hallway, bedroom one and ensuite.
First floor
Landing, bedroom three, ensuite, bedroom four and shower room.
Outside
Rear garden.
Viewings
By appointment only
Saturday 29th October 2022 at 11.00am to 11.30am
Please call EPC Rating: D
Additional Fees
Buyers Premium: The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT).
Administration Charge - The purchaser will be required to pay an administration charge of £600 (£500 plus VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
