House For Sale £200,000
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £200,000.
A READY MADE HMO INVESTMENT OPPURTUNITY ALREADY FULLY LET OUT ACHEIVING £1500.00PCM WITH A 7% YIELD.
This five bedroom mid terrace HMO property is fully let out for three years with the ground floor comprising of an entrance hallway with doors leading off to communal lounge/diner, a fully modern fitted kitchen and two double bedrooms.
On the first floor you will find a bathroom, a shower room and three double bedrooms completes this wonderful property.
Outside to the front is a driveway providing off road parking and to the rear there is a fully enclosed garden mainly laid to lawn with a patio area and a shed for extra storage.
*Please note this property is under a rent review meaning the rent could increase*
Required Optional Bullet Points: Immediate 'exchange of contracts' available Sold via 'Secure Sale' Strap (intro) Line: Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid * This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. To be added at the foot of (all) the property advert.. Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Ground Floor -
Entrance Hallway -
Lounge/Diner - 2.29m x 4.95m (7'6 x 16'3) -
Kitchen - 2.08m x 4.24m (6'10 x 13'11) -
Bedroom Four - 2.87m x 3.53m (9'5 x 11'7) -
Bedroom Five - 2.29m x 3.51m (7'6 x 11'6) -
First Floor -
Bedroom Three - 3.20m x 3.43m (10'6 x 11'3) -
Bedroom Two - 3.10m x 3.56m (10'2 x 11'8) -
Bedroom One - 3.15m x 3.56m (10'4 x 11'8) -
Shower Room - 0.94m x 2.21m (3'1 x 7'3) -
Bathroom - 1.98m x 1.65m (6'6 x 5'5) -
A READY MADE HMO INVESTMENT OPPURTUNITY ALREADY FULLY LET OUT ACHEIVING £1500.00PCM WITH A 7% YIELD.
This five bedroom mid terrace HMO property is fully let out for three years with the ground floor comprising of an entrance hallway with doors leading off to communal lounge/diner, a fully modern fitted kitchen and two double bedrooms.
On the first floor you will find a bathroom, a shower room and three double bedrooms completes this wonderful property.
Outside to the front is a driveway providing off road parking and to the rear there is a fully enclosed garden mainly laid to lawn with a patio area and a shed for extra storage.
*Please note this property is under a rent review meaning the rent could increase*
Required Optional Bullet Points: Immediate 'exchange of contracts' available Sold via 'Secure Sale' Strap (intro) Line: Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid * This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. To be added at the foot of (all) the property advert.. Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Ground Floor -
Entrance Hallway -
Lounge/Diner - 2.29m x 4.95m (7'6 x 16'3) -
Kitchen - 2.08m x 4.24m (6'10 x 13'11) -
Bedroom Four - 2.87m x 3.53m (9'5 x 11'7) -
Bedroom Five - 2.29m x 3.51m (7'6 x 11'6) -
First Floor -
Bedroom Three - 3.20m x 3.43m (10'6 x 11'3) -
Bedroom Two - 3.10m x 3.56m (10'2 x 11'8) -
Bedroom One - 3.15m x 3.56m (10'4 x 11'8) -
Shower Room - 0.94m x 2.21m (3'1 x 7'3) -
Bathroom - 1.98m x 1.65m (6'6 x 5'5) -
