* Fully licenced HMO in Horwich with five bedrooms, two bathrooms and large open plan kitchen * Incredible investment opportunity already producing impressive yield *
* FOR SALE BY MODERN METHOD OF AUCTION - STARTING BID £225,000 PLUS RESERVATION FEES *
ATTENTION INVESTORS!! This well appointed five bedroom Victorian terraced in Horwich presents a rare and exciting opportunity to acquire a fully licenced HMO ready to serve your investment needs.
The property has been converted to offer five impressive bedrooms, two on the ground floor and three on the first floor. There's also a bathroom on each floor, a utility room plus a large open plan kitchen. The property is located in central Horwich and is within walking distance to a number of popular amenities such as shops, bars, restaurants, schools and leisure facilities. For those that need to commute and travel, there's great links to Chorley, Blackburn, Bolton, Manchester and beyond.
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.
In accordance with our regulatory obligations, we are required to carry out Anti-Money Laundering (AML) checks on all relevant individuals. A fee of £25 per person will be charged to cover the cost of conducting these checks. This fee is non-refundable.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Miller Metcalfe Estate Agents - Bolton. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Miller Metcalfe Estate Agents - Bolton for full details and further information.