No longer on the market
This property is no longer on the market
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8 bedroom property
Key information
Features and description
- Fully Licensed 8 Bedroom HMO
- Approx. £3,400 pcm Income
- Walking Distance to City Centre
- Close to City Hospital
- No Onward Chain
- Great Investment Potential
We are pleased to offer to auction this Modern and Fully Licensed 8 Bedroom House of Multiple Occupation, currently being run as a successful business and available with No Onward Chain.
Entrance Hall – 2 Kitchens (1 on Each Floor) – 8 Double Bedrooms – Utility Room – 3 Bathrooms – Rear Yard
The property is set across 2 floors and provides 2 modern kitchens with appliances, 3 shower rooms, dedicated utility room with white goods included and a fenced garden.
The property will be tenanted and income producing from day one, with a licence and managing agent in place from GlassHouse Properties. High specification throughout, ideal for the professional rental market.
With alarm systems and regulation compliant fire doors already installed, the property provides a strong long term return on investment, and is located in the St. James neighbourhood on the outskirts of Hereford City Centre on Eign Road.
The house is currently fully let and the total monthly income is approx. £3,400 pcm. A full breakdown of the running costs and management accounts can be obtained upon request.
Please note we have not inspected this property.
Rooms
Location
The property is located in the St. James neighbourhood on the outskirts of Hereford City Centre on Eign Road.
Accommodation
Entrance Hall – 2 Kitchens (1 on Each Floor) – 8 Double Bedrooms – Utility Room – 3 Bathrooms – Rear Yard
The property is set across 2 floors and provides 2 modern kitchens with appliances, 3 shower rooms, dedicated utility room with white goods included and a fenced garden.
Tenure
Freehold. TITLE NUMBER: HW27129
Council Tax
Band C
EPC
Available Upon Request (Rating C).
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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