This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- 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"<br />
Dining/Communal Room
Kitchen
4.75m x 2.03m - 15'7" x 6'8"<br />
Bathroom
3.25m x 2.03m - 10'8" x 6'8"<br />
First Floor Landing
Bedroom 1
3.48m x 3.43m - 11'5" x 11'3"<br />
Bedroom 2
3.71m x 2.26m - 12'2" x 7'5"<br />
Bedroom 3
3.71m x 2.18m - 12'2" x 7'2"<br />
WC
Places of interest
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*DISCLAIMER
Property reference 10402083. 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 Pygott & Crone - Lincoln.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 10, 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
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: obtained from Ofcom on February 10, 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 September 24, 2021 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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