6 bedroom terraced house

Six Bedroom HMO + Investment Opportunity + Further Scope For ROI + Popular Location + For Sale by Modern Auction – T & C’s apply + Subject to Reserve Price + Buyers Fees Apply + The Modern Method of Auction + FOR SALE BY MODERN METHOD OF AUCTION. Six bedroom HMO offering fantastic potential throughout situated within this popular location close to the City Centre. Making a great investment opportunity, the property offers scope for a further rent on investment and early viewing is recommended. HALLWAY Accessed via an external door with fitted carpet, ceiling light and stairs rising to the first floor. BEDROOM ONE 12′ 6″ x 9′ 3″ (3.81m x 2.82m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the front elevation and ceiling light. LIVING ROOM 10′ 10″ x 10′ (3.3m x 3.05m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light. KITCHEN With a range of high and low level units with a rolled edge worktop over incorporating a stainless steel sink and drainer, integrated electric oven, inset gas hob with extractor hood over, vinyl floor covering, uPVC double glazed window to the rear elevation, external uPVC door to the rear yard and ceiling light. FIRST FLOOR LANDING With a fitted carpet, uPVC double glazed window to the rear, ceiling light and stairs rising to the second floor. BEDROOM TWO 13′ 1″ x 12′ 11″ (3.99m x 3.94m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the front elevation and ceiling light. BEDROOM THREE 12′ 6″ x 8′ 11″ (3.81m x 2.72m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light. SHOWER ROOM Comprising of a corner shower enclosure with electric shower, low flush w.c., pedestal wash hand basin, vinyl floor covering, opaque uPVC double glazed window to the rear and ceiling light. BATHROOM Comprising of a panelled bath, low flush w.c., pedestal wash hand basin, vinyl floor covering and ceiling light. SECOND FLOOR LANDING With a fitted carpet, uPVC double glazed window to the rear and ceiling light. BEDROOM FOUR 10′ 2″ x 8′ 4″ (3.1m x 2.54m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light. BEDROOM FIVE 13′ 1″ x 12′ 11″ (3.99m x 3.94m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the front elevation and ceiling light. BEDROOM SIX 12′ 6″ x 8′ 11″ (3.81m x 2.72m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light. EXTERNAL With a low maintenance rear yard with gate access. TENANCY INFORMATION Currently 5 of the 6 rooms are occupied generating an income of Ł1,600pcm. AUCTIONEER COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of Ł6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than Ł960 inc. VAT. These services are optional. REFERRAL ARRANGEMENTS The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will benefit you; 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, please be aware that the Auction Coordinator or Partner Agent may receive payment for the recommendation. Where this is the case, the Partner Agent and Auctioneer will inform you of any referral arrangements and any payment they will receive, prior to any services being taken by you.

Details

Bedrooms
6

Purchase Price £
230000

ROI %
18.00

Cashflow(PCM) £
973