4 bedroom detached house for sale

Chain free HMO property for sale in dominant Stonehouse High Street location.


Andrews are pleased to welcome this four bed detached on the Bath Road in Stonehouse Town Centre. The property is currently in use as a four bed House of Multiple Occupancy. The property benefits from four double bedrooms laid out over three floors. There is also a communal kitchen/dining area and living room. This is an ideal investment opportunity, offering a current yield of 7%, with a potential of 9%. The property currently grosses £19,560 per annum. Located conveniently close to all local amenities in Stonehouse High Street, and only being 0.1 of a mile away from Stonehouse Train Station.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.