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7 bedroom house share
Key information
Property description & features
- Tenure: Freehold
- 9 Warren Road, Torquay, Devon, TQ2 5 TQ Turn Key Fully Managed HMO with Tenants in Situ Freehold (Potential of £46,000+ Per Year in Rent)
- Freehold
Guide Price £200,000 to £275,000 * Buyers Premium Applies
For sale by public auction.unconditional online auction.
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Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer for sale by public auction this spacious 7 bedroom HMO which is in a popular location of Warren Road, Torquay, Devon, TQ2 5TQ. The property is offered with almost full occupancy and we are advised all tenants are up to date with the rent, the property is well maintained and all HMO licence requirements are in place. The property is offered with the tenants in situ and the local agent managing the property will continue management if required by the new owner.
The property will be entered into our 16th January auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. 7 Bed HMO
. Large Kitchen
. Rear Courtyard Garden
. Utility Room
. Close to the Town & Bus Links
. Property Tenure: Freehold
. Rental Value of 46k Per Annum Potential
. 56 Day Completion
. Turn Key Investment Property
MONTHLY RENTS (PCM) CURRENTLY:
Room 1 - Vacant (Worth £500 PCM)
Room 2 - £390
Room 3 - £433.33
Room 4 - £433.33
Room 5 - £400
Room 6 - £390
Room 7 - £450
Room 8 - £435
Store Room Potential of (£433.33 PCM)
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
Tenure
Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.
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Property reference 232165. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - Bournemouth.
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 14, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 12, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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