A fantastic investment opportunity to acquire this fully licensed 6 bedroom HMO in the heart of Gloucester.
If you are an investor looking for an immediate return then this property will offer you exactly that. A modern HMO which has been well maintained by the current landlord throughout. Situated within walking distance to local shops, supermarkets and transport links the property makes an ideal student OR professional let.
This terraced property is arranged over three floors, accommodation comprises;
Ground floor: Entrance hall, bedroom one which is a double bedroom, modern kitchen/dining area, utility area.
First floor: Two double bedrooms, one single bedroom, bathrom.
Second Floor: 2 Double bedrooms, shower room.
CURRENT RENT PCM :
Room 1 - £525
Room 2 - £525
Room 3 - £450
Room 4 - £450
Room 5 - £450
Room 6 - £325
COUNCIL TAX : B
This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.