**Guide Price £120,000 - £130,000 * Plus 3% Buyers Premium plus VAT
For sale by unconditional online auction on the 28th of August at 14:00.
Registration is now open. Bidding opens on 28th of August at 14:00 and the auction ends 28th of August at 16:04.**
4 bedroom terraced house
Description
A rare, high-yield opportunity in a prime location close to the Town Centre, Hospital and M62 links. Externally renewed and internally stripped back to brick with first-fix joinery already in place, this handsome Victorian mid-terrace is ready for a swift, value-adding fit-out. Three independent entrances and generous accommodation across four floors make it perfect for a premium HMO scheme or a split configuration.
Two standout options
Option 1 Dual asset: 6-bed HMO + separate 1-bed apartment (independent access). Ideal for diversifying income and broadening tenant appeal.
Option 2 Single asset: Good-sized 8-bed HMO with spacious communal areas.
Projected gross rent: £50,000+ p.a. based on nearby performance (proven concept just three doors down; evidence available).
Works already completed
New roof and full double glazing throughout
External upgrade completed (windows/doors/roof)
Full rip-out back to brick
First-fix joinery done major heavy
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £5,000+VAT) buyers premium 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).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.