Listed for £300,000
June 17, 2024
Sold for £175,000
2007
Sold for £169,995
2004
Sold for £122,500
2004
Sold for £54,995
1998
Sold for £26,000
1998
The Property
*INVESTMENT OPPORTUNITY*
New to the market is this end of terrace 5 bedroom HMO property licenced for 6 people.
Conveniently located, it is close to both Grays town centre and Lakeside Shopping Centre.
To the ground floor there is a communal lounge and a large communal kitchen which has a back door to the rear garden. There is also one double bedroom on this level.
Upstairs there are a further four bedrooms. There is one double and three singles. These are serviced by two separate shower rooms each with a toilet.
The property has a rear garden with rear access and there is street parking available.
The property is situated close to a bus stop. Grays train station is close by. Transport links are provided by A13 & M25.
Communal Lounge
Communal Lounge - Ground floor. Bay window.
Bedroom One
Bedroom One - Double. Ground floor
Kitchen
Kitchen - Large communal kitchen
Bedroom Two
Bedroom Two - First floor single bedroom.
Bedroom Three
Bedroom Three - First floor single bedroom
Bedroom Four
Bedroom Four - First floor double bedroom
Bedroom Five
Bedroom Five - First floor single bedroom
Shower Room
Shower Room - First floor shower and toilet
Shower Room Two
Shower Room Two - First floor with shower and toilet
Property Description
Being Sold by GOTO Online Auction
Starting Bids from £300,000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Purplebricks
Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
General Information
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sorted.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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