10 bedroom terraced house

THE AUCTION ENDS ON APRIL THE 21ST JUNE AT 1.00pm. This property is being offered at a starting bid of £155,000 plus a reservation fee. It is listed for sale by iamsold in association with Dowen Estates Agents. For more information and to arrange a viewing, please contact Dowen Estate Agents Hartlepool at[use Contact Agent Button]. Welcome to an extraordinary investment opportunity. Presenting a well-established 10-bedroom guest house with a unique twist - the current owner resides on the premises, ensuring personalized attention and care. Nestled within two terraced homes, 159-161, this trading guest house has been a staple in the area for several years, showcasing a solid reputation. Spanning across both properties, this expansive guest house is not only a business but also holds potential for a variety of uses, subject to necessary consents. Consider transforming it into a House in Multiple Occupation (HMO) or effortlessly convert it back into residential houses, offering a versatile investment avenue. Internally connected, the properties boast spacious hallways, two distinct breakfast rooms, a main kitchen, a ground floor lounge, and a bedroom exclusively designated for the current owners. Additional features include an office and a bathroom, enhancing the functionality and convenience of the space. The guest house comprises a total of 10 rooms, each equipped with individual vanity sink units. Shared bathrooms and a shower room cater to the needs of guests, ensuring comfort and ease during their stay. This well-designed layout creates a welcoming and efficient environment for both guests and owners alike. The property's exterior compliments its interior charm with front parking for convenience and an enclosed courtyard at the rear for a touch of privacy and tranquillity. Such a combination of practicality and aesthetics adds to the overall appeal of this remarkable investment opportunity. Rarely available on the open market, this trading guest house stands as a testament to its desirability and potential. Seize the chance to explore this outstanding property by contacting Dowen Estate Agents for your private viewing. Don't miss out on the chance to own a piece of this thriving business in a prime location. This is your gateway to a unique investment opportunity with limitless possibilities!

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 Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 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 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. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.