No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

4 bedroom terraced house

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Terraced house
4 bed
1 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Fantastic HMO opportunity
  • Tenants in Situ
  • Ready made income
  • Four rooms
  • Communal living room
  • Kitchen
  • Bathroom
  • Close to Cauldon College
COMPLETE WITH TENANTS IN SITU. A Fantastic investment opportunity. HMO property for sale by Public Auction on 14th June 2021 Bidding is On-line or by proxy. This is a very nicely presented property that at the time of instruction currently has FOUR tenants in situ and FOUR rooms. With an annual gross income of over £14,820 and a potential annual gross yield of OVER 15% this just has to be a great opportunity for any investor. The current tenants have a rolling AST and two have been resident since 2018. The property comprises; an entrance hall, communal living room, kitchen, ground floor bathroom, ground floor accommodation room. On the first floor there are three further accommodation rooms.

Rooms

Accommodation
HMO investment property with one ground floor bedroom/reception room. One Communal living room. Kitchen. Ground floor bathroom. Three first floor bedrooms.

Ground Floor

Entrance Hall
Composite entrance door into the hallway. Wood effect laminate flooring. Radiator and Coving to the ceiling.

Communal Living Room 3.681 x 3.451
Under stair store area. Wood effect Laminate Flooring. Radiator. Upvc window to the rear. Radiator.

Kitchen 3.497 x 2.001
Fitted units to eye and base level. Integral oven/grill. Four ring electric hob with extractor above. Space for the fridge freezer and washing machine. 1 1/2 stainless steel sink set into work surfaces. Tiled splash backs. Tiled floor. Wall mounted gas fired boiler. Upvc window to the side.

Rear Lobby
Wooden door to the side and rear access. Wooden door to the shared side access.

Bathroom 2.286 x 1.554
Fitted with a panel bath with a shower over. Aqua panel splash backs. Pedestal wash hand basin. Close coupled WC. Tiled floor. Radiator. Upvc window to the side.

Ground floor Room one 3.214 x 2.635
Upvc window to the front. Coving to the ceiling. Radiator.

First Floor

Landing
Coving to the ceiling. Access to first floor rooms.

Room two 3.197 x 2.103
Upvc window to the front. Coving to the ceiling. Radiator.

Room three 3.901 x 2.529
This room has not been inspected by the auctioneer.

Room four 3.129 x 2.397
Upvc window to the front. Coving to the ceiling. Radiator. Access to the loft space.

Exterior
To the rear there is a walled courtyard.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Administration Fee
A buyers administration fee of £960 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendors solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Viewings
To view this lot, please contact the selling office, alternatively: This property could be listed on our viewing schedule which can be found in the auction catalogue or on our web site.

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Guide Price
An indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Places of interest

    Welcome to our prominent corner office which is conveniently located in Tontine Square, Hanley, in the heart of the City Centre. We have excellent transport links, ideal for commuters to Manchester, Birmingham and London. At butters john bee Hanley we pride ourselves in offering a professional and first class friendly service, whether you are looking to sell your property or purchase a new home. We have all styles of properties from terraced houses, apartments close to the town centre through to large detached properties in semi-rural locations. We offer a wide range of estate agency services including residential sales, auctions, lettings, property management, survey, commercial and financial services We believe it is our dedicated focus, putting you, our customer, at the heart of everything we do that sets us apart and is the reason why we have been established for so long. Contact our office to discuss your requirements with our friendly and knowledgeable staff for any further information you require.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.