Licensed HMO
Mid Terrace
Six Bedrooms
Popular Location
Good Investment Opportunity
For Sale By Public Auction
This six bedroom mid terrace property is fully tenanted and is a licensed HMO in an article 4 area. The property offers a versatile and spacious layout ideal for families or investors. Located in a popular residential area with convenient access to local amenities and the mainline railway station, this property presents a fantastic opportunity.
The ground floor features a welcoming reception hall, a comfortable sitting room, a functional kitchen, and a convenient downstairs shower room and a separate WC add to the practicality. Additionally, there are two bedrooms on this level, providing flexibility for various living arrangements.
Ascending to the first floor, you will find four additional bedrooms, each providing plenty of natural light and space for personalization. A well situated bathroom completes the first floor, catering to the needs of all occupants.
The outside area features a secure walled rear yard, ideal for outdoor dining or relaxation. The property also boasts double access gates at the rear, allowing for off-road parking for several vehicles.
This property presents a fantastic opportunity for investors or large families. Contact us today to book a viewing and explore the potential of this versatile home.
Monthly rents are:
£390
£370
£370
£365
£340
£345
£26,160 per year.
For sale by public auction on Monday 21st October 2024 at 6.30pm. We also offer remote bidding via internet, telephone or proxy. Please contact the auction team on 0800 090 2200 for further information.
We also offer remote bidding via telephone, internet or proxy. Please contact the auction team on 0800 090 2200 to register. Pre-registration required.
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)
Buyers Administration Fee
A buyer’s administration fee of £1,200 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website www.buttersjohnbee.com. Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them
Viewings
To view this lot, please contact the selling office
Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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