SUBSTANTIAL HMO LICENSED PERIOD PROPERTY SITUATED IN A DESIRABLE CENTRAL LOCATION OFFERING EXCELLENT INVESTMENT POTENTIAL/.
Arranged over three floors providing spacious and versatile accommodation with room to improve, comprising on the ground floor, Entrance Hall, two double Letting Rooms, modern fitted Kitchen, Shower Room and separate WC. First floor comprises four further Letting Rooms and additional Shower Room whilst to the second floor there are two double Letting Rooms.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.