Map5 bedroom semi-detached house for sale
Key information
Features and description
- Tenure: Freehold
- HMO Liscense
- Online Auction
- Freehold
- Virtual Tour Available
- Popular Location
- Excellent Investment
Video tours
This Licensed HMO offers a fantastic opportunity to the investment market to purchase a substantial property in a popular and convenient location. The property is offered to the market with vacant possession.
Our client does not hold a certificate of lawfulness but has confirmed that the property was converted and used as a HMO prior to the enactment of the Article 4 Direction on the 25 November 2018. Therefore, the use of the property as Class C4 small HMO was enacted in accordance with permitted development rights and is therefore the lawful use. A copy of the HMO license dated 2011 - 2016 and 2017 - 2022 can be found in the legal pack.
Upon entering the property, the entrance hall provides access to the ground floor reception space with bay-fronted living room enjoying traditional ceiling heights. There is a further room which could easily be utilised as a bedroom.
The kitchen provides ample space for dining and comprises; selection of wall and base units, sink with drainer and oven with hob and space for appliances.
The bedrooms are well proportioned with ample space for storage. There are three bedrooms to the first floor, with a bathroom. To the second floor, two further bedroom share a shower room.
Externally the property enjoys a large front garden and rear enclosed yard.
The property is offered via auction terms with vacant possession. See our virtual tour online and get in touch to arrange a viewing!
Key Details:
HMO License
Tenure: Freehold
EPC - D
Council Tax Band - A
Rooms
Auction
To be sold by online auction (conditional) on Friday 17th December 2024 with an 8 WEEK EXCHANGE, bidding will open at 10.00
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Reservation Deposit
The buyer is required to sign a Reservation Agreement and make payment of a non-refundable Reservation Deposit of 2.4% of the sale price subject to a minimum of £6,000 to the Auctioneer in return for the grant of the Exclusivity Period. The Reservation Deposit forms part of the purchase price for the property.
Exclusivity Period
Exclusivity Period means the period of 56 days from the date the Reservation Deposit is received by the Auctioneer, during which the Buyer and Seller will endeavour to exchange Contracts for the Transaction. Full details and a sample copy of the Reservation Agreement and Terms and Conditions are available in the Legal Pack.
Additional fees
Please ensure that you check the Legal Pack for each lot that you are interested in, prior to bidding. Paid in addition to the purchase price on completion, the Buyer shall reimburse the Seller's solicitors in respect of disbursements incurred in obtaining the Local Search results, Drainage search results and Environmental search results £396.00, and the sellers auction fees relating to the sale charged at 2.4% inc VAT.
Legal Pack
Legal Pack is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are on the basis of the Reservation Agreement and Terms and Conditions.
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