4 bedroom terraced house
Key information
Features and description
- Modern Method Of Auction - T & C's Apply
- Reservation Fee Payable
- Ideal Investment
- 4 Bedroom HMO
- Potential Income of £24,000 per annum
- Bay Fronted
- Ideal City Centre Location
- Enclosed Courtyard Garden
- EPC Rating - D, Council Tax Band - A
Modern Method of Auction - T & Cs Apply
Pygott and Crone are delighted to offer for sale this fantastic 4 Bedroom HMO investment property in the heart of the city centre.
This investment, is currently vacant however has the potential of generating a gross income of £24,000 per annum if fully let.
The accommodation briefly comprises: Entrance Hallway, Bay Fronted Lounge/Bedroom 4, Dining/Communal Room, Kitchen and Shower Room. Upstairs consists of three further Double Bedrooms and an additional Toilet.
Outside there is an enclosed rear yard.
please contact the office for further information.
Rooms
BUYING CONDITIONS
This property is for sale by
the Modern Method of Auction. Should you view, offer, or bid on the property,
your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties
to complete the transaction within 56 days of the draft contract for sale being
received by the buyer's solicitor. This additional time allows buyers to
proceed with mortgage finance (subject to lending criteria, affordability, and
survey). The buyer is required to sign a
reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of
£6,600.00 including VAT. The Reservation
Fee is paid in addition to purchase price and will be considered as part of the
chargeable consideration for the property in the calculation for stamp duty
liability.
BUYERS INFORMATION PACK
Buyers will be required to go
through an identification verification process with iamsold and provide proof
of how the purchase would be funded. This
property has a Buyer Information Pack which is a collection of documents in
relation to the property. The documents may not tell you everything you need to
know about the property, so you are required to complete your own due diligence
before bidding. A sample copy of the Reservation Agreement and terms and
conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold. The
property is subject to an undisclosed Reserve Price with both the Reserve Price
and Starting Bid being subject to change.
Entrance Hall
Lounge/Bedroom 4
4.14m x 3.48m - 13'7" x 11'5"
Dining/Communal Room
Kitchen
4.75m x 2.03m - 15'7" x 6'8"
Bathroom
3.25m x 2.03m - 10'8" x 6'8"
First Floor Landing
Bedroom 1
3.48m x 3.43m - 11'5" x 11'3"
Bedroom 2
3.71m x 2.26m - 12'2" x 7'5"
Bedroom 3
3.71m x 2.18m - 12'2" x 7'2"
WC
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Floorplan