4 Bed House, Terraced House For Sale
For sale by Modern Method of Auction: Starting Bid Price £125,000 plus Reservation Fee. This property is for sale by iamsold.
** CALLING ALL INVESTORS ** FOUR BEDROOMS HMO PROPERTY **
Are you an investor looking for a fully operating HMO without the fuss of finding tenants then look no further as this four bedroom property is perfect for you.
Fully tenanted currently producing £18,720 Per Annum, briefly comprises four self contained rooms with communal lounge, kitchen and a yard to the rear. Ideal investment.
Epc to follow.
Lounge (3.90m x 1.98m (12'10" x 6'6"))Window to the rear, radiator.
Kitchen (2.67m x 1.80m (8'9" x 5'11"))Range of wall and base units, space for freestanding cooker, washing machine and fridge freezer. Window and door to the rear
Bedroom OneWindow to the front, radiator.
Bedroom TwoWindow to the front, radiator.
Bedroom ThreeWindow to the rear, radiator.
Bedroom Four (3.60m x 1.85m (11'10" x 6'1"))Window to the side, radiator.
Bathroom (2.62m x 1.50m (8'7" x 4'11"))Shower cubicle, wash hand basin and wc. Radiator.
Auction TermsProperty is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will beshared with the Auctioneer, iamsold Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being receivedby the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2%of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in additionto purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stampduty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how thepurchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may nottell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. Asample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also makepayment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believedthey will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services areaccepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed ofany referral arrangement and payment prior to any services being taken by you.Property portals & your website1. Property Overview / Opening Paragraph:It is important that the opening paragraph is displayed on your details as follows:Insert at the START of the opening paragraph:For sale by Modern Method of Auction; Starting Bid Price £99,950.00 plus Reservation Fee...Insert at the END of the opening paragraph:This property is for sale by Regional Auction name powered by iamsold Ltd or iamsold Ltd.
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