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This property is no longer on the market

6 bedroom house

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Bulb estate agents
Bulb estate agents
Bulb estate agents
Email agent
Contact
House
6 bedroom
2 bathroom

Property features

  • FOR SALE BY AUCTION
  • 6 BEDROOMS
  • ACHIEVES £21,840 NET PROFIT
  • NO UPWARD CHAIN
  • FULLY LET
  • OVER 8% RENTAL YIELD!
  • AVAILABLE NOW!
  • NO BILLS TO BE PAID!

Property description

ACHIEVING £21,840 NET PROFIT PER YEAR! This large 6 bedroom semi-detached HMO is a great investment purchase! An ideal investment opportunity, extremely well looked after, FULLY LET with excellent sized rooms and new kitchen and bathrooms! For sale by Auction! Call us now to view.

Description - * Rooms currently achieving £70.00 per week, per room (£21,840.00 NET PROFIT) with the Potential to achieve more in current rental market!
* Currently rented to students who PAY THEIR OWN BILLS!
* Can be rented to working professionals
* COUNCIL TAX EXEMPT as property is currently rented to students
* Achieving over 8% rental yield.
* ALL rooms are currently LET.

BULB ESTATE AGENTS offer this great investment opportunity to acquire a 6 bedroom semi-detached HMO over 3 floors. The property is extremely looked after and benefits from recently fitted modern bathrooms and kitchens, great sized double bedrooms, a well-maintained communal area, lounge and separate utility area.

The property is well located near Wolverhampton City Centre, West Park, Wolverhampton University, Molineux Stadium and has excellent transportation links and short distance from an array of local amenities.

This property is being sold as an HMO (housing multiple occupants) fully occupied with tenants in-situ and an active in date HMO license, the tenants are happy to remain or equally notice can be served! A MUST SEE & MUST BUY PROPERTY

Additional Information:
Contact Bulb Estate Agents for further information on tenancy agreements

BIDDING:
Please visit: underthehammer . (com)
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide

UNCONDITIONAL AUCTION DETAILS:
Contracts are exchanged immediately at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks, which means interested parties can proceed with traditional residential finance.
Every buyer must first create an account at underthehammer.com
Remote bidding facilities are also available, contact the auction office for further details.
Full Terms and Legal Documents are available at underthehammer.com

Property information from this agent

  • Paget Street, Wolverhampton
    1. Bulb

      Bulb Estate Agent - Wolverhampton

      40 Capston Avenue Wolverhampton, West Midlands WV10 6DZ

      Welcome to Bulb your local, independent estate agent, Wolverhampton. We offer a range of sales services to suit any budget and your service & experience will be second to none. Here at BULB Estate Agents Wolverhampton, we believe in a transparent, simple and friendly approach when it comes to selling your property. We want the process to be as easy as possible for you. We have carried this same thought process through to our services, breaking it down into three self-explanatory fee structures so you know exactly what you will get from us. We offer a better sales service than anyone else on the high street, without the huge price tag, get in touch with us today to have a chat about your needs. We are BULB Estate Agents, and we are intentionally Better.

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