This property is no longer on the market
6 bedroom house
Key information
Property description & 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!
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
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*DISCLAIMER
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 provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bulb Estate Agent - Wolverhampton.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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
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