House of Multiple Occupation
A three storey, four bedroom HMO property situated in a quiet yet convenient location.
The property has a full letting history with Article 4 compliance.
Let to four students for the 2024-2025 academic year with a gross income of around £21,000.
The property is in general good order and benefits from gas central heating and UPVC double glazing. It has a pleasant rear garden which backs onto the Grand Union Canal.
Close to all the town centre amenities and within easy reach of the University.
A great investment opportunity with income from day one.
Lounge, Sitting/Dining Room, Kitchen and Main Bathroom
Landing, Bedroom One, Bedroom Two and Bedroom Three
Bedroom Four and En-Suite Shower Room
Pleasant rear garden with patio and gravelled areas which has a lovely outlook onto the Grand Union Canal.
Standard brick
Standard - 17 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available
O2, EE, Three and Vodafone available
Freehold. Subject to tenancy.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
