This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- * This property has been WITHDRAWN from the December auction *
- NATIONAL TIMED ONLINE AUCTION
- 3 storey, 5 bedrooms
- Tenanted investment opportunity
- Current HMO Licence
- Current rent payable £28,140 p.a.
- Circa 13% yield
* This property has been WITHDRAWN from the December auction *
To be sold via unconditional NATIONAL TIMED ONLINE AUCTION on Tuesday 12th December 2023
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 11th December2023
AUCTION ENDS: 13:00 on Tuesday 12th December2023
GUIDE PRICE: £215,000 to £235,000
* This property has been WITHDRAWN from the December auction *
Tenanted investment opportunity, 3 storey mid terraced property with 5 let rooms, 3 shower rooms and communal lounge. The property benefits from a current HMO licence (not transferable). Current rent payable £28,140 p.a. (gross) circa 13% yield. Located within a popular residential area.
ACCOMMODATION GROUND FLOOR
Porch:
Hallway:
Lounge: 11 ft 11 in x 11 ft
Room 1: 14 ft 4 in x 10 ft 8 in
Kitchen: 12 ft x 9 ft
Shower room:
FIRST FLOOR
Room 2: 12 ft 3 in x 9 ft 1 in
Room 3: 11 ft 11 in x 8 ft 3 in
Room 4: 11 ft 10 in x 8 ft 4 in
Shower room:
SECOND FLOOR
Room 5 with en-suite: 18 ft max x 9 ft 8 in max
OUTSIDE Garden to the rear.
EPC RATING - D
COUNCIL TAX BAND - B
TENURE Freehold subject to tenancy.
TENANCY Assured Shorthold Tenancy
Term: 12 months from 01/07/2023
Rent payable: £2,345 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
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Property reference 202311211312sq_xgbw. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.
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Broadband availability and predicted speed: obtained from Ofcom on April 20, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 20, 2022
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: obtained on April 7, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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