- Fully occupied HMO +
- (On extended lease) +
- Generating over £33,000 pa +
- 2 double bedrooms +
- 3 single bedrooms +
- Sought after location +
Guide Price £260,000 Plus Fees
For sale by unconditional online auction, registration is now open. 17/12/2024 10:00 17/12/2024 12:20
For sale by online auction on 17 December 2024
Bidding opens at 10:00am and closes from 12:00 noon
Fully occupied HMO
(on extended lease)
Generating over £33,000 pa
2 double bedrooms
3 single bedrooms
Highly sought after location
Town and Country Property Auctions are pleased to present this conveniently positioned, well presented property, previously fully tenanted as a licensed 5 bed HMO arranged as 2 double bedrooms and 3 single bedrooms, with kitchen, bathroom and rear garden with access. Currently part occupied with 4 tenants with AST's.
Located on Clarence Road in the highly sought after Grays location. Within close proximity to the town centre and train station, with links into London Fenchurch Street via the C2C line and easy access to Lakeside Shopping centre.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.