5 bedroom property
Key information
Features and description
- 5 Bedrooms
- Excellent Rental Yield
- House Of Multiple Occupancy
- Close to local amenities
Crown Estates and Letting Agents are delighted to offer for sale this 5 bedroom HMO property situated in Rishton.
The property briefly comprises of: 5 Rooms, kitchen, bathroom, separate W.C.
We have been advised that the property generates a rental income of £1,392,08 per month for all 5 rooms.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Hermitage Street, Rishton which is the main road that goes through this area. It is roughly a 4 minute walk away from the shopping street and roughly 2 minutes walk away from the lovely river that coasts through Rishton.
Accommodation
Ground Floor
Kitchen
Dimensions: 4.2m x 4.2m
The kitchen comprises of: uPVC double glazed window, wall and base units, electric oven and hob, stainless steel sink with mixer tap and drainer, double radiator, plumbed for washing machine, ceiling light, grey wood effect lino to the floor.
Shower Room
Dimensions: 3.25m x2.7m
The shower room comprises of: uPVC double glazed windows x 2, hand wash basin, W.C, shower, ceiling light, chrome towel radiator, grey wood effect lino to the floor.
Separate W.C
Dimensions: 1.35m x1.0m
Comprises of: W.C, hand wash basin, ceiling light, grey effect lino to the floor.
First Floor
Room Two
Dimensions: 3.4m x 2.3
The room comprises of: Wooden fire door, ceiling light, double radiator, carpet to the floor.
Room Three
Dimensions: 3.65m x 2.3m
The room comprises of: Wooden fire door, ceiling light, double radiator, carpet to the fl...
Lease Details
We are advised the property is let to a housing association, further details can be found in the legal pack.
Tenure
Leasehold. Title number; LA603764
Council Tax
Band A
EPC
Available upon request - Rating C
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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