6 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
For sale by unconditional online auction, registration is now open. 29/01/2025 10:00 29/01/2025 14:15
For sale by online auction on 29 January 2025
Bidding opens at 10:00am and closes from 12:00 noon
6 Bed HMO
Circa £38,000 per annum Rental Income
20% Yield Based On The Guide
Ideal Investment
End Terrace
4 En-Suites
Town & Country Property Auctions are pleased to present this six bedroom licensed HMO producing a phenomenal rental income of circa £38,000 per annum which equates to 20% yield based on the guide price. This end terrace 6 bedroom tenanted HMO producing rental income of circa £38,000 pa has four bedrooms with en-suite facilities two further bedrooms a shower room kitchen and a dining room. The property also has a rear yard.
Spalding offers a variety of facilities together with a rail link into Peterborough and London Kings Cross.
More information can be found in the legal pack.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT 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 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
Places of interest
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Property reference 274552. 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 - London.
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Broadband availability and predicted speed: obtained from Ofcom on December 29, 2021
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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 29, 2021
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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 March 16, 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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