* IDEAL STUDENT HMO INVESTMENT *
Located in the ever popular 'student triangle' of Selly Oak, this beautifully presented four bedroom, three bathroom terraced investment property, which is now let for 25/26, is perfect for a first time or experienced investor.
The ground floor consists of one bedroom, a recently renovated communal kitchen living room area and bathroom. To the first floor are two further bedrooms and contemporary bathroom. To the second floor is a further bedroom with further storage and bathroom.
As well as being just a short walk from the University of Birmingham. The Queen Elizabeth Hospital, Selly Oak Train Station and Selly Oak’s two retail parks are also within walking distance ensuring all amenities and transport links tenants may need are within close reach.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes 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 is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.