Terraced House
C4 Cert HMO Opportunity.
This mid-terrace property with four bedrooms presents an excellent investment prospect for HMO investors aiming to rent to students or working professionals in a desirable area with access to amenities and city centre connections.
Previously rented out for an annual income of £20,000, yielding an impressive 13.5% return.
The ground floor includes a bay-fronted double bedroom, a lounge area, and a spacious kitchen.
On the first floor, there are two additional double bedrooms, both offering ample storage space, along with a generously sized three-piece bathroom. The second floor adds a fourth double bedroom.
In summary, the property is in good condition, requiring only minor updates to transform it into an excellent buy-to-let investment in a highly sought-after location.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
