* HMO
* Investor Opportunity
* Freehold
* Sale by Modern Auction (T&Cs apply)
* Subject to an undisclosed Reserve Price
* Buyers fees apply
* Five bedroom mid - terraced HMO
* Five en - suites
* Spacious kitchen diner
* Modern and contemporary throughout
* No onward chain
**Summary**
This five bedroom five en - suite HMO is a perfect investment opportunity and is
within walking distance to the City Centre. The property is available with no
onward chain with rental potential of £450 - £500 pcm per room generating over
£27, 600 per annum if fully occupied.
**Description**
**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 £6600. 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 £300 inc VAT towards the preparation cost
of the pack.
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**
With a front facing upvc exterior door, a central heating radiator and stairs
which rise to the first floor landing. There is access to the communal kitchen
diner, bedrooms one and two.
**Bedroom One** 17' 3" into bay x 10' 7" ( 5. 26m into bay x 3. 23m )
With a front facing double glazed window, a central heating radiator and
access to the en - suite shower room.
**En - Suite Shower Room**
Fitted with a low flush WC, a wash hand basin with mixer tap and and a shower
cubicle with shower.
**Bedroom Two** 14' 10" max x 8' 7" ( 4. 52m max x 2. 62m )
With a rear facing double glazed window, a central heating radiator and access
to the en - suite shower room.
**En - Suite Shower Room**
Fitted with a low flush WC, a wash hand basin and a corner shower cubicle with
shower. There is partial tiling to the walls.
**Communal Kitchen Diner** 14' 8" x 9' 3" ( 4. 47m x 2. 82m )
With a side facing double glazed window and a side facing door providing
access to the rear garden. Fitted with an extensive range of wall and base
units with coordinating work surfaces housing two stainless steel sink and
drainer. The kitchen has two electric cookers with two cooker hoods, two
integrated oven and grills, a built - in microwave, space for a fridge and
freezer and plumbing for a washing machine. There is area for a
dining/breakfast area, spotlights to the ceiling, a wall mounted boiler, a
central heating radiator and access to the cellar.
**First Floor Landing**
With a loft hatch and access to the three further bedrooms.
**Bedroom Three** 11' 9" x 9' 4" ( 3. 58m x 2. 84m )
With a rear facing double glazed window, a central heating radiator and access
to the en - suite shower room.
**En - Suite Shower Room**
Fitted with a low flush WC, a wash hand basin and a shower cubicle with
shower. There is partial tiling to the walls and a rear facing double glazed
window
**Bedroom Four** 15' 6" x 12' 10" ( 4. 72m x 3. 91m )
With a front facing double glazed window, a central heating radiator and
access to the en - suite shower room.
**En - Suite Shower Room**
Fitted with a low flush WC, a wash hand basin and a shower cubicle with
shower. There is partial tiling to the walls.
**Bedroom Five** 13' 6" x 9' 7" ( 4. 11m x 2. 92m )
With a side facing double glazed window, a central heating radiator and access
to the en - suite shower room.
**En - Suite Shower Room**
Fitted with a low flush WC, a wash hand basin and a shower cubicle with
shower. There is partial tiling to the walls.
**Outside**
To the rear of the property there is a courtyard style garden with outdoor
sheltered storage area and a gate to the rear service lane.
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.

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