5 Bedroom Property for Sale

• Four Bedroom HMO Property
• UPVC Double Glazed
• Two Bathrooms
• Currently Let To Nurses
• Arranged Over Three Floors

• HMO Licence For 6 Bedrooms
• Wonderfully Presented Throughout
• Two Reception Rooms
• Currently Achieving ?24000 Per Annum
• Managed By DEEDS Property

Full Description

FOR SALE BY ONLINE AUCTION. Starting Bid ?200,000. Terms and conditions apply*.

OPEN HOUSE VIEWING SATURDAY 13th AUGUST at 12PM - Call To Book

Here we have a 5 Bedroom HMO property fully occupied by NHS and Ph.D. Students generating ?24,000 per annum, with scope to improve on that rent.

The property is arranged over three floors with 5 double bedrooms (including the dining room used as a bedroom and the box room as an ironing room/storage).

There is a formal front reception room, open plan kitchen breakfast bar, laundry room, ground floor communal shower room, and jack and jill bathroom.

There is also a rear courtyard, with on-street parking to the front.

EPC booked to be completed.

Upon the fall of the hammer, the buyer shall...

- Exchange contracts on the fall of the hammer. Special conditions may apply

- The sale must complete within 28 days

- A 10% deposit must be paid to a minimum of ?3,600

- Pay an administration fee of ?780 (inc VAT)

Conditional Lot"s Reservation Fee*

Upon the fall of the hammer, the buyer shall...

- Pay a non-refundable 5% plus VAT Reservation Fee (to a minimum of ?5,000 plus VAT)

- Exchange contracts within 28 days

- Complete the purchase within an additional 28 days of the exchange

*Reservation fee denotes a different set of charges to the regular auction lots. Reservation fee lots will be either Unconditional or Conditional the reservation fee does not contribute toward the purchase price. Please read the differences between these auction formats carefully above so you understand the associated costs of each one and the requirements of each auction. if you have any questions please don"t hesitate to ask a member of staff on the day.

17th Dec 1996 999 Years