5 bedroom end of terrace house for sale

For Sale By Public Auction on 29 July 2020 at Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction no later than 24 hours prior to the Auction.

A Freehold Licensed Five Bedroom HMO Investment Property
Current Rental Income: £9,939.96 with scope to increase when fully let to £28,359.48



A end terraced property, standing back from the road behind a short foregarden with open space to the side. The property has been converted to provide a licensed five bedroom HMO.

Tenure
Freehold Subject to the existing tenancies.

Accommodation
Ground Floor: Entrance Hall, Two Bedsitting Rooms with Kitchenette, Shower Room and WC, Communal Kitchen.
First Floor: Landing, Two Bedsitting Rooms with Kitchenette, En-Suite Shower and WCs.
Second Floor: Loft Bedsitting Room with Kitchen and En-Suite Shower Room and WC.
Outside: Front & Rear Gardens.
The property has the benefit of gas fired central heating and the majority of windows are UPVC double glazed.

Tenancy Details
Garden Room at £125.00 per week - £6,500 per annum.
Room 2 at £100.00 per week - £5,200 per annum.
Room 3 at £100.00 per week - £5,200 per annum.

Energy Performance Rating
E.

Viewing Times
External viewings only.

Disclaimer
Bond Wolfe Auctions or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe Auctions are aware of will be published on the addendum, which is available within the lot information or on the Bond Wolfe Auctions’ website.

Remote Bidding Auction
Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only. You must pre-register to bid for each auction within 24 hours of the auction commencing.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,440 inc VAT (£1,200.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe Auctions’ website.