4 bedroom property for sale
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- Generating Approximately £25,200 Per Annum
- Established Residential Location
- Freehold Title
We are delighted to offer for auction this property which is currently an HMO (house of multiple occupancy) and at the moment is bringing in approximately £25,200 per annum. It's configuration is of a four bedroom end of terrace and it would make an ideal investment purchase. Ground floor accommodation comprises of a dining room (currently used as a bedroom) lounge, fitted kitchen and downstairs WC. To the first floor there are three bedrooms and family bathroom. Externally the property benefits from an enclosed rear garden and off road parking for four cars to the front. Offered for sale with tenants in situ.
Please note: We have not inspected this site.
Rooms
Location
The subject property is located along Barnard Green, a quiet area just a short walk from Welwyn Garden City town centre and railway station. London City Centre is located approximately 25 miles away.
Accommodation
ENTRANCE HALL
Front door. Stairs rising to first floor. Doors to ground floor rooms.
WC
Double glazed window to side aspect. Low level WC.
Heated towel rail.
DINING ROOM/ROOM 1: 11'11" x 8'10" (3.63 x 2.69)
Double glazed window to front aspect. Double panel radiator.
KITCHEN
Double glazed window to rear aspect. Fitted with a range of base and eye level units providing ample work surface. Half tiled walls. Inset stainless steel one and half bowl sink with mixer taps and draining area.
LOUNGE: 12'11" x 10'9" (3.94 x 3.28)
Double glazed patio doors to rear aspect. Double panel radiator.
Accommodation: Continued
FIRST FLOOR LANDING
Double glazed window to side aspect. Doors to all rooms.
BEDROOM ONE: 12'7" x 9'11" (3.84 x 3.02)
Double glazed window to front aspect. Double panel radiator.
BEDROOM TWO: 11'7" x 9'5" (3.53 x 2.87)
Double glazed window to rear aspect. Double panel radiator.
BEDROOM THREE: 9'2" x 8'11" (2.79 x 2.72)
Double glazed window to front and side aspect. Double panel radiator.
BATHROOM
Double glazed window to rear aspect. Suite comprising panel bath with shower over, wash hand basin and low level WC.
EXTERIOR:
Front:
Parking for four cars.
Rear:
Laid mainly to lawn with decking area. Enclosed by wood panel fencing.
Tenancy Information
Room 1: Tenanted at £550 PCM on a 6 months agreement which commenced 06/09/2022.
Room 2: Tenanted at £500 PCM on a 6 months agreement which commenced on 16/11/2022.
Room 3: Tenanted at £525 PCM on a 12 months agreement which commenced on 01/06/2022.
Room 4: Tenanted at £525 PCM on a rolling basis.
Total income approximately £25,200 Per Annum.
Tenure
Freehold. TITLE NUMBER: HD347579.
Council Tax
Band C.
EPC
Available upon request (rating D).
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'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
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 and identity process in accordance with Anti Money Laundering procedures.
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.
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Broadband availability and predicted speed: obtained from Ofcom on February 16, 2022
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