3 bedroom terraced house

For Sale by Online Auction 15th December 2020

WHY BUY?
Popular rental location
Currently let at £6,000pa
Potential student HMO
Double glazing & central heating

DESCRIPTION
A three bedroom mid-terraced property benefiting from double glazing, central heating and currently let by way of an AST at £115.38pw/£5,999.76pa. Should the tenant leave the property has scope to be reconfigured, extended and pushed into the loft to create extra letting rooms and let as a student HMO style property, subject to gaining the necessary consents. If made into a 6 bedroom property and each room let at £85pppw the total potential income would be £26,520pa fully let. 

LOCATION
Located within the highly popular and bustling area of Kensington, the property is situated just 2 miles from the City Centre. Ever popular with students and professionals, the property is surrounded by a good number of local amenities.

Ground Floor
Hall, Through Lounge/Dining Room, Kitchen, Bathroom/WC.
First Floor: 3 Bedrooms.
Outside: Yard to the rear, On-street parking to front

NO - Venmores have not carried out an internal inspection

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.