This property is no longer on the market
6 bedroom house
- 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!
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
Contact Bulb Estate Agents for further information on tenancy agreements
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
Bulb Estate Agent - Wolverhampton
40 Capston Avenue Wolverhampton, West Midlands WV10 6DZ
See more properties like this:
Property reference 30353724. 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. This property advertisement does not constitute property particulars. The information is provided and maintained by Bulb Estate Agent - Wolverhampton. Please contact the property advertiser directly to obtain any information which may be available under the terms of 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.
Call rate information
Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.
*UKCreditRatings offer a 14-day trial to their credit report service. If you choose not to cancel within the trial period, you will incur the monthly subscription of £19.95 until you cancel the account.