3 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 ** THREE BEDROOM HMO PROPERTY ** DESIRABLE & POPULAR LOCATION, WALKING DISTANCE TO BOLTON HOSPITAL**
Are you an investor looking for a fully operating HMO without the fuss of finding tenants then look no further as this three bedroom property is perfect for you.
Two rooms currently tenanted currently producing £9,600 Per Annum, with all rooms tenanted would generate an income of £14,100 Per Annum. Generating a current rental yield of 7% with potential of 10%. Briefly comprises three self contained rooms with communal lounge/modern fitted kitchen, bathroom and a yard to the rear. Ideal investment.
**online auction end date for Tuesday 20th July ending 1pm**
Communal Kitchen & Lounge (4.47m x 3.28m (14'8" x 10'9"))uPVC windows, wall and base units, hob and oven, space for washing machine and dishwasher, extractor hood.
Bedroom One (3.80m x 3.50m (12'6" x 11'6"))uPVC window to the front, radiator.
Bedroom Two (4.85m x 2.24m (15'11" x 7'4"))uPVC window to the rear, radiator.
Bedroom Three (3.96m x 3.25m (13' x 10'8"))uPVC window to the front, radiator.
LandingLoft access, radiator, uPVC window to the side.
YardOutside tap, garage door, gated access, paved yard.
Auction TermsThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared 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 received by 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 addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell 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 make payment 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 believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Book directly into the agent's calendar
Book a valuation through email request