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5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- For Sale by Auction
- 15th August at 12 midday
- The Theatre, The Royal Bath and West Showground, Shepton Mallet
- Mid terrace 5 bedroom property
- Previously used as a House in Multiple Occupancy (HMO)
- Well proportioned accommodation
- Ideal investment opportunity
- Guide Price: £190,000 to £220,000
Description
A neatly presented mid-terrace dwelling providing well-proportioned residential accommodation. Bridgwater has exceptional demand for residential lets, due in part to the construction of Hinkley Point C and the accommodation required for the workforce. The property offers an ideal investment opportunity or alternatively would suit a family home.
The internal accommodation is set over ground, first and second floors and was previously used as a House in Multiple Occupancy (HMO) with four let rooms and one communal lounge. Subject to obtaining the appropriate HMO licence to allow the occupancy of all five rooms, we anticipate an achievable rent of at least £135 per week exc. for each let room i.e. Gross Rent of at least £35,000 exc. per annum.
The property benefits from a rear garden, which is laid to lawn and gravel and includes a very useful storage shed (3.85m x 2.82m) constructed of box profile clad. There is no off-road parking, but ample on-street parking is available via the adjacent highway.
Completion
Completion has been set for 12th September 2024, or earlier by agreement.
Registering to bid and Administration fee
Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased and applicable to all pre-auction sales. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.
Deposit
Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.
Local Council: Somerset Council
Telephone:[use Contact Agent Button]
Council Tax Band: Band B
Services: We understand mains water, electricity, gas and drainage are connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT.
Viewing: Strictly via Cooper and Tanner, Glastonbury office –[use Contact Agent Button] (Option 2).
Please phone to book on block viewing dates:
Wednesday 17th July 2024 – 9:30am to 11:00am
Friday 2nd August 2024 – 9:30am to 11:00am
Wednesday 7th August 2024 – 9:30am to 11:00am
Solicitors
Weisberg Legal, Bath
Telephone:[use Contact Agent Button]
Mr Kieran Weisberg acting.
Property information from this agent
Places of interest
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Property reference 27909249. 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 Cooper & Tanner - Glastonbury.
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Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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 April 14, 2015 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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