House For Sale £50,000
For sale by auction on Tuesday, 13 Dec 2022 at 12:00
Venue: Live Stream
project alert - seven bedroom former HMO
Seven-bedroom property that has been formerly been let as an HMO. Now in need of full refurbishment, Auction House have not entered the property but we believe the accommodation to comprise in brief, entrance hall, living room, second reception, kitchen and bathroom to the ground floor with landing and four bedrooms to the first floor, we further suspect that the property has a landing and and three more bedrooms on the second floor. Once refurbished this property will make an outstanding HMO or also offers potential to convert to flats, subject to any required permissions. All information has been supplied via the seller and no viewings will be taking place as per their request and the internal condition. These properties hold a potential rental income circa £25,000 per annum when refurbished. Council Tax Band A
We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (13th December), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you must register your interest with the office on . Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms and documentation has been received at . For any further assistance, please do not hesitate to contact us in the office.
EPC Rating: See legal pack
Additional Fees
Buyers Premium: £1020 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
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: Live Stream
project alert - seven bedroom former HMO
Seven-bedroom property that has been formerly been let as an HMO. Now in need of full refurbishment, Auction House have not entered the property but we believe the accommodation to comprise in brief, entrance hall, living room, second reception, kitchen and bathroom to the ground floor with landing and four bedrooms to the first floor, we further suspect that the property has a landing and and three more bedrooms on the second floor. Once refurbished this property will make an outstanding HMO or also offers potential to convert to flats, subject to any required permissions. All information has been supplied via the seller and no viewings will be taking place as per their request and the internal condition. These properties hold a potential rental income circa £25,000 per annum when refurbished. Council Tax Band A
We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (13th December), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you must register your interest with the office on . Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms and documentation has been received at . For any further assistance, please do not hesitate to contact us in the office.
EPC Rating: See legal pack
Additional Fees
Buyers Premium: £1020 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
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.
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