3 Bedroom Terraced House

Spacious three-bedroom mid-terraced cottage offering an excellent investment opportunity with long-standing tenants in situ currently paying £425 PCM.

The property comprises three double bedrooms, comfortable living accommodation, a fitted kitchen, and family bathroom facilities, making it well suited for continued rental demand.

The property has been maintained throughout the tenancy and provides immediate rental income from completion, ideal for landlords seeking a ready-made investment opportunity.

Being sold via auction, and with reserve and auction fees included, the property produces an attractive average gross yield of approximately 11%. Conveniently located close to local amenities and transport links, this is an excellent opportunity for both new and experienced investors alike.

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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.