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Potential 4-Bed HMO, Grays, RM20 3JR £320,000

39 First Avenue, Grays, Essex, RM20 3JR - 7 views - a year ago
  1. Deal Search
  2. Grays
  3. RM20
  4. RM20 3JR
Sold STC
Auction
HMO
Outside Article 4
ROI: 10%
~132 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Grays
  • More Deals in RM20
  • More HMO Deals
  • More HMO Deals in Grays
  • More HMO Deals in RM20

Property History

Listed for £320,000

November 29, 2024

Floor Plans

Description

  • Extended semi detached +
  • 3 bedrooms +
  • Currently let as 6 bed HMO +
  • Achieving over £41,000 pa +
  • Well located for access to A13 and M25 +
  • Lakeside shopping centre nearby +

Guide Price £320,000 Plus Fees
For sale by unconditional online auction, registration is now open. 17/12/2024 10:00 17/12/2024 12:25

For sale by online auction on 17 December 2024
Bidding opens at 10:00am and closes from 12:00 noon
Extended semi detached
3 bedrooms
Currently let as 6 bed HMO
Achieving over £41,000 pa
Well located for access to A13 and M25
Lakeside shopping centre nearby

Town and Country Property Auctions are pleased to present this 3 bedroom, extended, semi detached property, previously let as a 6 bed plus large storeroom HMO, achieving a rental income of over £41,000 pa. Now part let AST's in pack.

The property itself is ideally located for access to the A13 London to Southend trunk road, M25 (Junction 30/31), Lakeside shopping centre, and local bus routes.

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.

Agent Details

Town and Country Property Auctions, London

01932 548500

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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