House For Sale £280,000
*6 bedroom 4 bathroom mid terrace professional HMO* modern method of auction*
Dixons are proud to present this great HMO property on the Stirchley/Cotteridge border.
All bedrooms are well proportioned with 3 of them offering en-suites.
The majority of the tenants have been there for good duration of time and are currently paying £100pppw inc bills, generating circa £31,000pa. Offering a general gross yeild of 10%.
The property is located within Cotteridge which offers many shops and other amenities and is a sorted 10 minute walk from Kings Norton Train Station. Neighbouring Stirchley Village also offers many highly regarded independent bars, restaurants and shops.
The property is Freehold, Council Tax Band A and has an EPC rating of D.
If you have any other questions or would like to arrange a viewing please call us on !
***This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
For Sale by Modern Auction – T & c’s apply • Subject to undisclosed Reserve Price • Buyers fees apply
*6 bedroom 4 bathroom mid terrace professional HMO*
Dixons are proud to present this great HMO property on the Stirchley/Cotteridge border.
All bedrooms are well proportioned with 3 of them offering en-suites.
The majority of the tenants have been there for good duration of time and are currently paying £100pppw inc bills, generating circa £31,000pa.
The property is located within Cotteridge which offers many shops and other amenities and is a sorted 10 minute walk from Kings Norton Train Station. Neighbouring Stirchley Village also offers many highly regarded independent bars, restaurants and shops.
The property is Freehold, Council Tax Band A and has an EPC rating of D.
If you have any other questions or would like to arrange a viewing please call us on !
Dixons are proud to present this great HMO property on the Stirchley/Cotteridge border.
All bedrooms are well proportioned with 3 of them offering en-suites.
The majority of the tenants have been there for good duration of time and are currently paying £100pppw inc bills, generating circa £31,000pa. Offering a general gross yeild of 10%.
The property is located within Cotteridge which offers many shops and other amenities and is a sorted 10 minute walk from Kings Norton Train Station. Neighbouring Stirchley Village also offers many highly regarded independent bars, restaurants and shops.
The property is Freehold, Council Tax Band A and has an EPC rating of D.
If you have any other questions or would like to arrange a viewing please call us on !
***This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
For Sale by Modern Auction – T & c’s apply • Subject to undisclosed Reserve Price • Buyers fees apply
*6 bedroom 4 bathroom mid terrace professional HMO*
Dixons are proud to present this great HMO property on the Stirchley/Cotteridge border.
All bedrooms are well proportioned with 3 of them offering en-suites.
The majority of the tenants have been there for good duration of time and are currently paying £100pppw inc bills, generating circa £31,000pa.
The property is located within Cotteridge which offers many shops and other amenities and is a sorted 10 minute walk from Kings Norton Train Station. Neighbouring Stirchley Village also offers many highly regarded independent bars, restaurants and shops.
The property is Freehold, Council Tax Band A and has an EPC rating of D.
If you have any other questions or would like to arrange a viewing please call us on !
