5 bedroom house for sale
Key information
Property description & features
- Tenure: Freehold
- Licenced Five Bedroom HMO
- Great Investment Opportunity
- Suitable For A Wide Variety Of Buyers
- No Buying Chain Involved
- Two En Suites & Bathroom Off Landing
- Fitted Kitchen
- Centrally Located
- Previous Rents Producing £1,500pcm without bills & Circa £2,000 with bills included
- Viewing Highly Recommended
- Convenient For All Local Amenities
We are delighted to offer for sale this refurbished licensed HMO which is conveniently positioned within walking distance of the town whilst be ideally placed for access to two of the towns major employers namely Bentley Motors and Leighton Hospital.
Whilst this home is currently set up for multiple use it would also appeal to a wide range of buyers including first time buyers or anyone seeking a centrally situated home.
Offered for sale with no chain involved this home is well planned, there is a welcoming entrance hall which gives access to a really versatile residence, on the ground floor there are currently two bedrooms, one with an en-suite facility and a combined fitted kitchen diner/sitting room. On the first floor there are a further three bedrooms, again one with an en-suite and to complete the accommodation a modern bathroom. The property has double glazing, gas central heating and is tastefully presented throughout.
This home has previously been rented at £1,500pcm without bills and circa £2,000pcm with bills included producing a healthy yield.
Auctioneer's Comments - This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with Iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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Entrance Hall -
Ground Floor Bedroom One - 4.65m x 3.15m (15'3" x 10'4") -
Kitchen Diner Sitting Room - 4.74m x 4.22m (15'6" x 13'10") -
Ground Floor Bedroom Two - 3.45m x 2.42m (11'3" x 7'11") -
En-Suite Shower Room - 2.42m x 1.32m (7'11" x 4'3") -
Stairs To First Floor -
Bedroom Three - 4.22m x 3.36m maximum (13'10" x 11'0" maximum) -
En-Suite Shower Room - 2.36m x 1.15m (7'8" x 3'9") -
Bedroom Four - 3.97m x 2.62m (13'0" x 8'7") -
Bedroom Five - 2.94m x 2.42m (9'7" x 7'11") -
Bathroom - 1.66m x 1.66m (5'5" x 5'5") -
Externally -
Tenure - We understand from the vendor that the property is freehold. We would however recommend that your solicitor check the tenure prior to exchange of contracts.
Need To Sell? - For a FREE valuation please call or e-mail and we will be happy to assist.
Council Tax - Band A
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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