**ATTENTION INVESTORS**FOUR BEDROOM TOWN HOUSE**TWO EN-SUITE**FULLY FURNISHED**MODERN KITCHEN AND BATHROOM**EXCELLENT INVESTMENT OPPORTUNITY**CURRENTLY GENERATING A NET YIELD OF UNDER 7% at £12,900 PER ANNUM
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £160,000
Welcome this urban oasis-a meticulously designed 4-bedroom, 3-bathroom terrace house nestled in the vibrant heart of the city center. This residence epitomizes modern urban living, offering sophistication, comfort, and convenience in equal measure.
Strategically located close to the university campus, this property presents an excellent opportunity for investors seeking a consistent rental income. Its proximity to educational facilities ensures a high demand for student accommodation, approximately translating into a 7% annual yield-a smart investment choice in a sought-after location.
As you step into the home, you're welcomed into a functional living space, modestly sized yet inviting, providing a versatile area for relaxation and everyday activities.The kitchen is equipped with essential appliances, providing the basics for meal preparation and culinary endeavors. Its efficiency and straightforward design cater to practical living needs.
This house features four bedrooms, each offering simple comfort and functionality. While not expansive, these rooms are suitable for providing the necessary privacy and personal space for a family or a group of occupants.
Finally, this property also features 3 fully equipped bathrooms, ensuring a seamless and comfortable experience for daily routines. Both the bottom floor and en-suite facilities are equipped with a shower, toilet and sink; while the middle floor bathroom is equipped with a bath, shower, toilet and sink.
In summary, this 4-bedroom terrace house presents an incredible opportunity to embrace city living without compromising on comfort and space. With its modern amenities, central location, and access to public transport, this property truly embodies urban sophistication and practicality.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.