Guide price
£165,000
4 bed semi-detached house for saleKing Street, Burntwood WS7
4 beds
2 baths
1 reception
EPC Rating: D
- Chain free
- Auction
- Freehold
Connells - Lichfield, Bore Street
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Cash buyers only
Property is being sold with tenants in situ ** new buyers must take on the tenants
Extraordinary yield, call connells lichfield for more details
Absolutely amazing buy for investors
Property is currently A HMO with four bedsits, two kitchens and two bathrooms
Summary
**incredible opportunity for investors and landlords** **extra large property being sold with tenants in situ** **phenomenal yield for the price of the property, an opportunity not to be missed** **call Connells lichfield today**
description
**calling all landlords and investors nationwide** **extra large property comprising four bedsits, two kitchens and two bathrooms**
Connells Lichfield City are just delighted to offer for sale one of the most exciting opportunities we've ever seen for cash buying landlords and investors.
This super property is located in the heart of Chasetown, close to schools, shops, restaurants and leisure facilities. The property very briefly comprises of, essentially, four bedsit bedrooms situated over two floors with both floors having access to a kitchen area and a bathing area. Externally the property boasts an extra large driveway and a rear garden being of good size and being private.
**property is being sold with no onward chain and the tenants in situ** **cash buyers only, property has two kitchens and is non standard construction**
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hallway
Ground Floor Bedroom 1
Ground Floor Bedroom 2
Ground Floor Kitchen
Utility Area
Shower Room
Guest Wc
Stairs To First Floor
First Floor Bedroom 3
First Floor Bedroom 4
Kitchen
Bathroom
Large Driveway To Fore
Private Rear Garden
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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