5 bed semi-detached house for sale For sale

About this property

Modern Method of Auction - T&Cs Apply. This five-bedroom HMO is a brilliant investment opportunity generating a potential gross annual income of £22,620. The property features an entrance hall, two double bedrooms, a lounge diner, a kitchen, a shower room, and a guest bedroom on the ground floor. The first floor includes two further double bedrooms, a single bedroom, and an additional shower room. The property also benefits from a rear garden. The current rental income is £110 for Bedroom 1, £85 for Bedrooms 2-4, and £70 for Bedroom 5. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile. The property is conveniently located 0.75 miles from the nearest train station and 0.50 miles from the nearest bus station. This property is for sale by the Modern Method of Auction, requiring completion within 56 days of the draft contract for sale being received by the buyer's solicitor. Buyers must sign a reservation agreement and pay a non-refundable reservation fee of 4.5% of the purchase price, subject to a minimum of £6,600.00 including VAT. A Buyer Information Pack is available, and buyers are required to complete their own due diligence before bidding.