8 bedroom semi-detached house

Sale by Modern Auction (T&Cs apply) + Subject to an undisclosed Reserve Price + Buyers fees apply + Incredible investment opportunity with NO ONWARD CHAIN + Sizeable HMO with 8 rooms with further development potential + Good scope for rental returns + Convenient location Plus Off-road parking available + SUMMARY Rare fully let, sizeable 8 bed HMO investment opportunity with scope for good returns, offered in a presentable condition and located close to public transport links, centre of Huddersfield and University. Off-road parking is available with potential for further development into the basement. DESCRIPTION Ideal investment opportunity for those looking to expand their rental portfolio, this HMO in a convenient location close to public transport links, amenities and the University of Huddersfield, making this an attractive prospect for rental returns. Offered in good, presentable condition, this property has off-road parking whilst also having scope for further development into the basement level. Fully fitted with emergency lighting, heat and smoke detectors and fire doors and with a HMO license currently in place through Kirklees Council. Comprising of an entrance hallway with access into the communal kitchen, three bedrooms, and a three piece shower room. There is also access from here to the basement of the property, where there is scope for further development. On the first floor, there a five bedrooms, with three of these rooms having an en-suite shower room. There is a house three piece shower room, and a boiler cupboard accessed from the landing. Externally, the property has low maintenance grounds surrounding it with off-road parking spaces available if required. Auctioneer’s Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of Ł6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than Ł349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Entrance Hall Carpeted entrance hall, with access to three storage cupboards. Warmed by a central heating radiator, and access to the rear of the property. Cellar Fantastic opportunity for further development, a double glazed window to the rear, warmed by a central heating radiator. Kitchen 11′ x 17′ 4″ ( 3.35m x 5.28m ) Spacious tiled kitchen fitted with wood effect base and wall units with laminate work tops. Ample space for dining table and chairs. An integrated electric oven, two gas hobs, and two drainer sinks. Two double glazed windows to the rear, space for under counter washing machine, and fridge, warmed by a central heating radiator. Bedroom One 10′ 2″ plus recess x 10′ 7″ ( 3.10m plus recess x 3.23m ) Good sized double bedroom with carpeted flooring, a double glazed window to the front, and warmed by a central heating radiator. Bedroom Two Bedroom Eight Bathroom One Good sized bathroom, with shower cubicle and extractor fan , low flush WC and pedestal sink. Warmed by a central heating radiator. First Floor Landing Consisting of five bedrooms, carpeted landing with access to loft via loft hatch. Arched double glazed window to the rear, with a boiler cupboard. Bedroom Three En-suite Bedroom Four partial en suite (shower and sink) Bedroom Five Bedroom Six Bedroom Seven Bathroom Two Carpeted bathroom with shower cubicle. Low flush WC, wash hand basin and an extractor fan. Warmed by a central heating radiator External The front garden offers parking with a driveway. Plus a shed – offering extra storage. Extra parking to the rear, space enough for another car. We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Details

Bedrooms
8

Purchase Price £
270000

ROI %
19.00

Cashflow(PCM) £
1211